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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (12358)	12/25/1997 10:48:00 PM
From: Joan Osland Graffius	Read Replies (2) of 18056

Zeev, >>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. I agree with your forecast, I will be watching the tape. Assuming these emerging economies don't pull everything down with them. There is a danger for bears missing the run to 9000 and I am going to get on that train. Just need to figure out where the action will be.<ggg> I am short MU and just following my stops down the 30 week MA line until she breaks through. It will be interesting to see what folks are willing to pay if they have a quarter or two with losses. Joan

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