Ask Mohan about the Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rational who wrote (8188)	11/16/1997 10:04:00 PM
From: D & G	Read Replies (6) of 18056

The Nik can rise for now but it doesn't matter anymore. The wheels have been set in motion. The world financial situtation is a mess. Most major governments are selling gold and buying dollars because we are considered the SAFE haven. That too shall pass. What is a dollar but a paper asset ?? Gold is tangible, a place to set THE standard, but the wolrld governments have abandanded it. When all is said and done the 550 pt plunge on 10/27 will look like a small drop. I have been loading up on puts for the last few weeks and will contine to do so. By the end of THIS year the DOW will be much lower than it is now. Looking for 5600 by Jan 98. I would elaborate but it would take too long to explain my reasoning. Let the flaming begin.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next