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Pastimes : Ask Mohan about the Market

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To: IceShark who wrote (7242)11/6/1997 11:46:00 PM
From: Bilow  Read Replies (2) of 18056
 
Just because everyone here is convinced something bad will
happen is not a contrary indicator. In fact, look back at the
Kahuna thread for the weekend before that last Monday
debacle. You would find us all posting like mad, and getting
ready for a bear party. On the other hand, the rebound the
next day caught most of us by surprise.

As for me, I have been able to correctly predict 15 of the last
four major market declines, and I will now attempt to push
my batting average even better (i.e. lower) by predicting a
major decline for tomorrow. If correct, I will then be at 16
of the last five declines.

By the way, Japan just said goodbye to 16000, and HongKong
same to 10000.

-- Carl
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