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Pastimes : Ask Mohan about the Market

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To: Bonnie Bear who wrote (14480)2/27/1998 1:51:00 PM
From: Cynic 2005  Read Replies (3) of 18056
 
Sucker alert!!!
The volume on the big-board is drying-up as the volume on naz is pretty good. Most of the smart money is on the big board and the suckers' gang is on the naz. "allbody" (T) are locked-up for the rally on the first trading day of the month. Since August the market was up consistently 100 points or more on the first trading day of every month (I think.) Thanks to 401k suckers. (Somebody has to fill the void left by Joe G.)

Scenario A: The tradition continues and the market goes-up 250 on Monday. and 20 points on Tuesday
Scenario B: The tradition continues and the market goes up 250 points on the early going on Monday and closes-up only 50 points.
Scenario C: (Abby and Joe B') No risk in stocks. Market continues to go up for ever and ever.

Scenario A and B: Short the heck out on Monday by noon. Short more on Tuesday if the market is up more.

In the mean time, you can pick some Oracle shares (long) for a 10% gain, perhaps as a hedge against your future shorts.

-MMV
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