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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 (889)1/27/1999 12:49:00 PM
From: Steve Misic  Read Replies (1) | Respond to of 3543
 
Auric,

AOL held the "index" up during the sell-off.
AMZN, CMGI, & YHOO all fell over 40%.
Unless AOL bombs with earnings today, it probably won't ever decline severe enough to help the index since it is a member of the S&P 500 now. I have to agree a 1987 type decline is what will be needed to win the contest.

BTW, my crystal ball has a 1987 in the not to distant future.
Let me know if I can re-enter the contest then.

Steve



To: Sir Auric Goldfinger who wrote (889)1/27/1999 1:23:00 PM
From: charger  Read Replies (1) | Respond to of 3543
 
Maybe the contest should be changed to guessing why the index will increase 40% from current levels...try explaining that in 50 words.
p.s. The government will be gridlocked for the next 2 years if Clinton stays. Anyone thinking that Clinton's plan to bail out the market with Social Security money is dreaming. I think beara may be right...nothing is going pop the bubble short of some kind of panic/crash scenario for the general market.


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