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Pastimes : Ask Mohan about the Market

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To: geewiz who wrote (15038)	3/20/1998 11:03:00 AM
From: Zeev Hed	of 18056

Art, if you could tell me when the BTB will hit bottom (.9, .85 .8?), then I can tell you when the SOX will bottom, it often bottom coincidentally with the BTB. Right now, the SOX actually looks much weaker than the "generals", so I do not see a discrepancy. If and when the Generals come down, the SOX could come down much faster, IMHO. I still think that the semi for the time being is not a good place to be in. On the other hand, I do not have the fortitude to buy even a MRK at the vertigial heights it is (I keep getting my head delivered in writing covered calls in the last three months, so I am waiting before a better topping before I write the next covered calls). Zeev

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