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Pastimes : Ask Mohan about the Market

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To: yard_man who wrote (13252)	1/19/1998 3:30:00 PM
From: Power Player	Read Replies (1) of 18056

Barry, as a lurker on this thread i would like to give my 2 cents and provide you with a picture as to WHY i don't think we will retest October lows. The overall market is "for the most part" oversold! If you were to disect the entire market and take a snapshot of each sector and where each sector is on its cycle it is clear that the current "risk level" picture is no where near the level that it was in October, simply stated "we are reaching the point in many sectors where everybody that wants to sell has sold"! This picture securitytrader.com is worth a thousand words (or maybe dollars, it depends on how well you can digest the picture). Good Luck and Happy investing! PP securitytrader.com

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