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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 (1315)4/19/1999 11:34:00 PM
From: wanmore  Read Replies (1) | Respond to of 3543
 
NASDAQ is down 11% from 4/14 open!!!!!! I think I'll get a second mortgage on my house and draw out my retirement to get some YHOO and ATHM ( actually I would buy ATHM if support in the $100 area held but I'd really like it to tumble down to the $50's) I would also like more WCOM but I have no idea where support would be on that chart unless you use moving averages for support lines ( I do not)



To: Sir Auric Goldfinger who wrote (1315)4/20/1999 7:50:00 AM
From: K A Anderson  Read Replies (1) | Respond to of 3543
 
I heard an interesting theory yesterday,

The reason the NAZ is taking some lumps is because some of the NYSE heavies are tired of having the oldest stock market in the world, taking a back seat to all this "voo doo" technology and "fools gold" companies.

The NYSE heavies have done a full court press, to bring the spot light back on some of their listings and some of the more "conventional" investments.

Now mind you, I dont really know if this is true or not and am not promoting this "rumor" it was just something I heard and thought I would see what you guys thought about this theory.

KAA