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Pastimes : Ask Mohan about the Market

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To: Bonnie Bear who wrote (13013)1/12/1998 8:14:00 PM
From: tekgk  Read Replies (1) of 18056
 
Bonnie, Thanks for the new tea leaves. Looks like my call on a bounce today turned out to be correct after all - but I was almost certain that I was wrong this morning. My call is for a few days of bounce followed by a major decline (as per GZ's outside reversal (millennium thread) and my Gann trend change days). In bear markets rallies are violent but short lived. The brokerage decline probably is a realization that the big party is coming to an end. I was busy today and didn't get a chance to watch any of the wire services - was a major buy back by a big company announced today?
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