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Non-Tech : Tulipomania Blowoff Contest: Why and When will it end? -- Ignore unavailable to you. Want to Upgrade?

To: Sir Auric Goldfinger who wrote (564)	1/10/1999 9:37:00 AM
From: Caroline	Read Replies (1) \| Respond to of 3543

Since there is no evidence of disenchantment with the Internet shares -- indeed, quite the opposite -- Thursday's modest decline can only be traced to a generous desire on the part of the market masters to give investors addicted to buying the dips a chance to indulge their fancy. Isn't this awfully naive for someone as professional as Abelson to say? Surely he doesn't believe that these stocks are being manipulated on such a grand and orchestrated scale? This seems paranoid. CB

To: Sir Auric Goldfinger who wrote (564)	1/13/1999 9:06:00 AM
From: Hiram Walker	Respond to of 3543

Auric, that is basically the Theory of Pragmatism that Alen Abelson is using. The next step after Brazil will be Europe and a total rethinking of the EURO. Yes,it went off smoothly,and yes there has been no test of the governments under a financial strain. That is coming,and it will put more strain on the EURO than Shelly Winter's fecally impacted. The next stage will be Spain,Portugal,and finally Germany collapsing like a senator finding his name in Larry Flint's publication. Yes, and then and only then will be Tsunami hit the US shores,because that is how the Theory works. The internut stocks are still intact,so is the US market for a short period of time. This is going to get ugly after that,just as value means nothing on the way up, value will mean everything setting a bottom. This is working perfectly,thank you Emile Durkheim and CS Peirce. Hiram