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Pastimes : Ask Mohan about the Market

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To: geewiz who wrote (12997)1/12/1998 4:32:00 PM
From: Mark Nelson  Read Replies (1) of 18056
 
geewiz,

If John were here I'm sure he'd post this:

INSIGHT - No end in sight for bumpy stock ride

biz.yahoo.com

"''We do not think the lift has any sustainability,'' said A.C.Moore, chief investment
strategist at Principal Financial Securities. ''There is an undertone of distribution -- that is,
selling.'' Moore pegged fair value for the Dow at 7000 points, and for the S&P500 index
at 860 points."

Seems relevant to me.

Mark
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