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


To: Clayleas who wrote (647)1/13/1999 12:32:00 AM
From: AugustWest  Respond to of 3543
 


Thanks. I managed to understand the rules the day that Auric started the thread.

I was merely pointing to the fact that today may signify the beginning of an over all correction.

I haven't placed a prediction because I personally don't see them falling 40% in five days. More like a month or so from the date of their tops.

The reason? If it does happen in 5 days, it will be because everyone panics(in which case I say it will be three days or less). Followed by a swift rebound and then an incubation period for a month, maybe three before climbing further.

IMO, the quicker they drop, the faster the elapsed time will be for them to rebound.

In my own stupid way of making a joke of the inflated price tags placed on these, I did this #reply-6921862. I got EBAY at the top so far(it has yet to close above $196 but amzn is still kicking.

anyhow, I'm not waiting around for the sky to fall. There is money to be made. Cheers and good luck.

p.s. It's now a game of musical charis. Just don't get caught standing(holdin') when the music stops