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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 (1087)	3/3/1999 11:46:00 PM
From: CoffeePot	Read Replies (1) \| Respond to of 3543

I never made that comparison.....YHOO will probably always lead it's market.....same with EBAY and AMZN.......regardless using pure logic in this market is the quickest way to the poor house. For example, last November I shorted several thousand shares of a pathetic little company MLRE between $12-13......at the time (and it still is IMO) just pie in the sky....I thought...what justifies a market cap of $100mm++ for this company??? I was sure it would crash back to where it started....well I was wrong and the only thing that prevented me from losing tens, maybe 100k+ was sheer luck. The only reason I covered my short was to enter the Thanksgiving Holiday with a clean slate....no worries.....no obligations to bash MLRE over what's supposed to be a time for getting together with family and friends. Needless to say MLRE more than doubled the following week......I didn't touch it after that. So my point.....if everyone else is investing wrong how can YOU invest right (re: shorting)???.....I think it's more profitable to just ride the wave.....btw take a look at BIDN.....where's the logic behind that one..LOL