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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (6981)	11/4/1997 6:15:00 PM
From: tekgk	Read Replies (2) of 18056

Mohan, I do not see any statistically significant relationship between stocks and bonds in the last few weeks - it's seems to be all over the place. I did go short (SPY) again this morning with a tight stop. I looked at puts, but the premiums were too rich for me and I didn't have enough short term conviction to go with them. I think that the reflex rally is over (at least that's what a couple of my indicators say) and the realities of Asia will begin to sink in. Hopefully the dipsters have had enough time to BUY, BUY, BUY ... -g-.

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