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


To: Moominoid who wrote (1044)2/28/1999 11:22:00 AM
From: bobby beara  Read Replies (1) | Respond to of 3543
 
David, we are at the period where the 9 month cycle would find it's intermediate bottom here, that would be March 15th + or - a couple of weeks.

Amazon is doing the same thing it did last year by bottoming early and taking off, but AOL is still in a rising channel off it's vertical pole, that is not a bullish configuration.

>>>I still see nothing to show that this isn't a rerun of May-June 98 more or less.<<

The technical deterioration is quite severe, the tech parabola much more extended and the intermediate bottom in the 9 month cycle may surprise. I will post some charts later.

Beware the ides of march -g-

bb