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Pastimes : Ask Mohan about the Market

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To: MythMan who wrote (10758)12/10/1997 4:24:00 PM
From: Mike M2  Read Replies (2) of 18056
 
Pete, go ahead and bookmark if my prediction does not come to pass I will have jill change my name and continue to make "ridiculous" predictions. Ask your self back when the Dow was at 4000 what would you think of a forecast of Dow 8000? seemed ridiculous at the time. Look at the declines in SE Asia mkts -there are plenty of 50% plus declines. The baby boomers are spoiled and cannot take pain and suffering they will capitulate and sell into a declining mkt. Momentum and speculation took it up past 8000 the loss of momentum will take it down. It has happened before. ho ho ho mike
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