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

To: Bear Down who wrote (874)	1/26/1999 2:48:00 PM
From: Sir Auric Goldfinger	Respond to of 3543

TO ALL: As of Friday, to the best of the judges' analysis, the Tulip index had declined a maximum of 38% inter-day or otherwise. While today may or may not bring the completion of the full 40% decline, in consideration of the time and effort that the judges have to put in to evaluate the Why (most important to the contest) I am revising the rules post haste so that the 40% decline will be measured on a close to close basis. This will remove the uncertainty and time suck associated with judging the contest. If you think that prior to this post that the Tulip index declined 40% in total on intra-day basis over an 8 day (or less) period, the judges will take this in to consideration if you can show them the time stamps (same day and time, top and bottom) and prices for all five stocks at these times. Going forward, as per above, the contest will be on a close to close basis. If you think you had the earliest post that was the most descriptive for the reason why (regardless of whether the date was correct)you may notice the judges once. More than one post to judges will be considered irritating and may detract from your ability to win if the judges get tired of your nuisance. The award money WILL be paid as there have been some excellent reasons posted and overall we are pleased with the contribution you have all made to this thread. Thank you and please continue to contribute. PS: TLC is busy during the day right now. Try lobbying Babb and Gump. I have completely taken myself out of the judging so that the contest is even keeled. Again if anyone thinks that the index has already completed a 40% decline prior to today, please provide that info to the judges with exact times and prices. Otherwise, it's close to close.