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Pastimes : Ask Mohan about the Market

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To: sammy levy who wrote (12066)12/21/1997 5:24:00 PM
From: Zeev Hed  Read Replies (1) of 18056
 
Sammy, what gives is the break in momentum. There was no way to tell how far the madness could go. To Yardeni's credit, his warning signal is coming pretty close to the top, and he is not too stubborn or proud to say, my former forecast was a prognostication and threat my current forecast in the same manner.

By the way, my current forecast is 6200, but if downward momentum develops, I will not be shy in lowering my target as we go. After all, in one of my first posts on this thread I declared quite clearly that I reserve the right to be wrong, and I also reserve the right to change my opinion and change it often.

Zeev
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