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Pastimes : Ask Mohan about the Market

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To: Tommaso who wrote (8574)	11/19/1997 3:21:00 PM
From: Brad Bolen	Read Replies (5) of 18056

Simply ridiculous. That is the only way I know to discribe the stock market here. (I knew I was in music for a good reason). Here we are in a big rally on the DOW as of 2pm, but yet my screen is bleeding red everywhere and my broker says his is the same. A gillion stocks are getting slaughtered relentlessly, yet the averages are holding up. So my question is as always: If the market is so healthy, why is it so %&^#$^*# hard to make money? I predict that everyone will get very excited about dropping interest rates until they realize what that really means this time. Then, in a textbook blow off top, the market will start to roll for good. But in the meantime I still want to know: where is one supposed to put their money now? Why shouldn't I just go to Las Vegas? Just some ideas and musings... Brad.

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