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Pastimes : Ask Mohan about the Market

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To: sammy levy who wrote (12073)	12/21/1997 10:29:00 PM
From: Zeev Hed	Read Replies (2) of 18056

Sammy, you must be talking about Garzarelli, like any other prognosticator she has good and bad calls. If I remember correctly, the last time she changed her mind the market was just breaking through 7600 on the way up, so she kept her readers in for a good 650 dow points to the high. I have not heard her turning bearish, as a matter of fact, early in november she was still bullish. As for common snese, I am not sure it has place in a herd mentality situation, which the stock market is. The market has a way of proving the majority and its common sense wrong at most turning points. Zeev

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