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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (13509)1/27/1998 4:28:00 PM
From: Judy  Read Replies (1) of 18056
 
Zeev, thanks for your considered reply, will mull it over. I also expect another down leg in the semi equipment makers, but perhaps after the first quarter '98 is over. Here's a link to my views:

Message 3251268

Currently we will have a pocket of market strength, with the tech bellweathers strong. The divergence between the NAZ and DOW should resolve with the NAZ going up. CSCO is close to earnings and volatility is picking up for breakout. Chinese New Year tomorrow so during this period of time the Asian flu will subside and China markets will be closed for several days. Just some thoughts.

TXN closing above it 200-day ema once again. Is it still a short on strength candidate, or has the sentiment turned sufficiently for it to base here ...
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