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Pastimes : Ask Mohan about the Market
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To: Crimson Ghost who wrote (13359)1/23/1998 1:49:00 PM
From: Zeev Hed  Read Replies (1) of 18056
 
George, the first part of the turnips scenario (rise of the long term interest rates to 6% or so) is coming close, and we are only 78 basis point away from 6%. I think that apart of some knee jerk rallies (one later today toward the close), the stage is set for the second part, the decline in February of equities.

Zeev
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