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Pastimes : Ask Mohan about the Market
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To: Crimson Ghost who wrote (13742)2/2/1998 9:17:00 AM
From: John Hunt  Read Replies (2) of 18056
 
George,

It is hard for me to get too bullish when 17 of the 30 Dow stocks are still below their 150 day moving average and the advance-decline lines of all three US exchanges look as bad as they do.

I think I will sit this rally out and for the moment and hang on to my large % cash and small put position.

BWDIK.

:-))

John

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