Answers From The Sage Message Board

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Pastimes : Answers From The Sage

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To: Joseph G. who wrote (63)	10/8/1996 2:47:00 AM
From: The Sage	of 87

Ah Joseph G. If you are long the indexes right now, I certainly commend you. However, I am looking at the "big" picture and think there will be a tumble. The Dow has made it's little run at 6000 as I predicted-- actually got above it today. But, then fell back. I surmise that it is going to make a couple of more stabs at it this week-- then the Ides of October will bear upon it. I surmise that if the S&P 500 can hold above 700 that the bulls will have a field day-- 6100 maybe even 6200! But methinks that the next week will see a reversal as the quarterlies come out. Time will tell. Meanwhile, take it in the shorts. The Sage

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