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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 (835)	1/24/1999 12:30:00 PM
From: Big Dog	Respond to of 3543

Dear AG and Panel of Judges: The over-valuation of AMZN has been no secret. On this board it has been repeated over-and-over. And there have been short waves of selling AMZN and the other contest stocks, only to find "new" buyers. Up until 1/16/99, there was nothing to suggest that things were different. What was the difference this time and what caused the normal "adjustments" to assume a "blow-off" situation this week? Greenspan, the Federal Reserve "suggesting" to the major brokerage firms to temper this frenzy, and the resultant "tightening" of margin requirements on the I-nuts. That was my entry (1/16/99), bolstered by an independent newspiece which focused on Greenspan accelerating the "tumble" (posted by me on 1/21/99) and posts by investors here and on, at least, Toyko Joe's board of "real" experiences of this "tightening" of margin requirements.