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Pastimes : Ask Mohan about the Market

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To: TREND1 who wrote (12352)	12/25/1997 12:37:00 PM
From: Zeev Hed	Read Replies (1) of 18056

Larry, we are in a bear den on the Mohan thread, with many expecting either armagedon or at least a 50% decline (to 4000), thus my cyclical forecast of a low at 6200 could be considered "just to 6200" and my subsequent call for a major rally to 9000 or so by the spring of 1999 is considered here heresy. It does not mean that our Dear MU (for which I am back on the bear side, after recommending buy for a jump to 25/28 after earning announcement, I said buy on open Monday, check VECO thread) will not go down more than 50% from where it is now to the low teens, this forecast still holds. Merry Christmas to you. Zeev

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