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Sunday
Feb052012

Money Coming Out The Wazoo

The height of the internet bubble.

Etrade Super Bowl Commercial - Year 2000

I was a short seller in this environmnet.  It was not easy.

 

 

 

 

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Reader Comments (1)

anybody got any trading stories from this era...for those not paying attention to the markets during the 98-2000 era, it is impossible to explain how completely nuts the markets were...

here's one to get people started...

ADSP...it went from 2 to 57 in 2 trading days...actually just 1 trading day and 1 hour the next morning....i went short a large amount on the morning of day 2 when it opened at 20 after closing the night before at 10...it then ran to 57 an dchange and closed the day at 37 3/4 or something like that...it was all a big cnbc fueled mistake relating to an ADSL chip press release...

this all happened during thanksgiving week of 1999.....truly un-freaking believeable...and that's just 1 example...there are hundreds more...
Aug 12, 2010 at 2:36 PM | Registered CommenterDailyBail

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