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

To: bobby beara who wrote (1041)	2/27/1999 10:35:00 PM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 3543

Bobby, Last time you yelled "fire" in the tuliphouse, you were on the money. Do you see the collapse happening at the open on Monday or within a some short period after? I am mostly in puts or cash, but have a couple of long stemmed tulips in my trading account as well. P&F indicators got even uglier this week. JXM

To: bobby beara who wrote (1041)	2/28/1999 5:47:00 AM
From: Moominoid	Read Replies (1) \| Respond to of 3543

The two coupled together smacks of a turning point. Yes a turning point to the upside. I still see nothing to show that this isn't a rerun of May-June 98 more or less. If the overall market runs up about 4 weeks rom here at the same % rate as last June-July we hit exactly 10000 on the Dow. Nice place for a top. Here is a scenario for Thursday's close on SPX for weeks starting: 22/2/99 1245 1/3/99 1282 8/3/99 1297 15/3/99 1317 22/3/99 1342 Then down. Of course it is highly unlikely that any of this will happen <g> Maybe that's a descending triangle on Yahoo..... David

To: bobby beara who wrote (1041)	2/28/1999 5:00:00 PM
From: yard_man	Read Replies (1) \| Respond to of 3543

>>AOL has split TWICE in this latest run-up which I believe makes it much more vulnerable that Mr. Tipster would have you believe -g- << Didn't say it wasn't vulnerable -- just has a high amount of institutional ownership. Makes it kind of a binary play. If institutions feel the need to dump it you win and you win big, if only a few weenie out -- you lose. I'd like to play a nut again, but don't have the risk capital necessary, I think ... I may do one of the semi-nuts -- SCH. How high do you think it can go if there is a rotation out of tech into bloated financials? Looking at the chart I would guess that it would be pretty easy to break the 52-week high and if that happens some folks could buy it up to 85 or so ...