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Pastimes : Ask Mohan about the Market

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To: Ralph W. who wrote (7027)	11/4/1997 9:39:00 PM
From: tekgk	Read Replies (1) of 18056

5-Hour RSI and Trin-5 from yesterday and resistance near the 89 day moving average were my main indicators for my short today. I don't put a huge amount of faith into indicators like these, but they seem to help. I was also guessing that everyone had plenty of time to shop and should be shopped out for at least a few days. I use all of this in the context of fundamentals (PE, PSR - bearish) and guestimated (I know no such word) international money flows (also bearish). After all is said and done I keep most of my money in cash and muni bonds until a clear trend is established. Right now the only trend is whipsaws, so I only tinker with small percentages of my net worth.

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