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


To: Van Nguyen who wrote (638)1/12/1999 12:21:00 PM
From: charger  Respond to of 3543
 
You know were at a top when dogs like INSP (Infospace) get pumped for a 50% gain by its underwriters...they sense the end is near and want one last gasp so that insiders can bail. You are seeing this across the board. Which day did the DOT index top out? Was it this morning or yesterday???



To: Van Nguyen who wrote (638)1/12/1999 12:56:00 PM
From: SOROS  Read Replies (1) | Respond to of 3543
 
#1
Today at 15 minutes before market close (please watch the clock) -- continue tomorrow and next day. Reason --- simple nervous tension -- combined with a major world event to be disclosed within next two days -- totally unexpected, but devastating to market. Why? -- because my bats are going nuts -- very reliable in their attitude to predict world problems.

I remain,

SOROS



To: Van Nguyen who wrote (638)1/21/1999 7:56:00 PM
From: Van Nguyen  Respond to of 3543
 
When the result will be announced, or we have to wait until AOL reaches the criteria.

I posted this on the 1/12, and today, I just emphasize some of my wording. The first sign of the downfall has started when YHOO hardly beat the "whisper" number, and it has accelerated with Greenspan's comment. The only stock that doesn't meet the criteria so far is AOL.

Posted on the 1/12/99: Message 7236517

It will happen within a week from now.
So far there are a lot of MM who withdraw from carrying those stocks, despite they make a lot of money. There are a lot of negative comments by different analysts about the "internet-mania;" An article from Barron's or Wall Street Journal, or a comment by Greenspan about the "exuberance," or a less than "whisper" earning number from YHOO (today) may trigger the downfall.