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Pastimes : Ask Mohan about the Market

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To: Mark Nelson who wrote (7445)	11/9/1997 11:00:00 AM
From: studdog	Read Replies (1) of 18056

Mark: I appreciate your viewpoint. It is uncomfortable hoping for a negative market. I don't want a finanicial armageddon either. I am now net short (only a little) but my scenario is a hopeful one. I just think the market is overvalued and ripe for a fall, I believe the economy itself is sound and that companies will still make money and people will get paychecks and deflation will counter inflation. Companies just won't make as much as expected and prices should correct to something a little more reasonable. If S&P gets to the low 800's I will start getting long again. Karl

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