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Pastimes : Ask Mohan about the Market

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To: purecntry5 who wrote (9695)11/28/1997 1:25:00 PM
From: Cynic 2005  Read Replies (1) of 18056
 
Howdy cowboy. The general sequence of events (IMHO) on top of the hill are:
Nifty fifty (ala upto Jan 97) , small is better (ala May-Sept 97), (then comes a mini-panic, like Oct 97) Resume: flight to quality and dependability of earnings (current status.) And then comes a bigger bang followed by flight FROM stocks! -g-
And, today there is no selling pressure on a holiday abbriviated session. Naturally, buyers have to pay higher prices.
-Mohan
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