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Pastimes : Ask Mohan about the Market

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To: Simon who wrote (13549)	1/29/1998 1:05:00 PM
From: IQBAL LATIF	Read Replies (1) of 18056

Consolidated 'rational expectations' coiled up thru artificial scenerios of deflation inflation ASEA and destruction finally uncoils with vengeanence- above 1000 if it takes out and closes above it- it is going to be shear misery and pain the best bet for shorts now is for rally to fail here at these levels fails to take out 992 and goes back to below 938. Just watch out- above 1000 to 1020 will be a painless ride and if this happens and shorts go for covering their exposure we may see even more of buying however I hope we stay rational and maintain our levels at BKX 940 SOX 301 XOC 820- if these levels are taken out just know for sure we are in with a tryst with MAY97 TYPE BHUMBO.

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