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Pastimes : Ask Mohan about the Market

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To: Haim R. Branisteanu who wrote (16902)	10/31/1998 11:40:00 AM
From: John Hunt	Read Replies (1) of 18056

Hi Haim, I can't disagree with anything you are saying. IMHO, I look at Slick, Chairman Al, Rubin, etc. and I see everyone taking the easy way out while benefiting their friends. I think a lot of this has to do with bailing out the brokerage firms and 'in-favour' hedge funds and banks who were caught off guard by Asia and Russia and were unable to distribute their securities to a gullible public at the market top. This gives them a second chance. It will 'end in tears' ... very BIG tears! When even Soros is having trouble making a buck, you know the situation is being driven more by politics than the underlying economic fundamentals. BWDIK ... At least I can still sleep while I am making a few bucks on my gold shares and cash. :-)) John

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