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Pastimes : Ask Mohan about the Market

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To: Zeev Hed who wrote (13940)2/10/1998 6:22:00 PM
From: Judy  Read Replies (1) of 18056
 
Zeev ... Re "I am watching for a sign of a stalling market are INTC breaking back under 82, AMAT under 33, CSCO under 62."

AMAT said that its btb will most likely be less than one until the 4th Q of this year,let's see if the market takes AMAT under 33. INTC and CSCO should be able to test those levels and still not break their bullchannels.

As for the market stalling, we may have to wait until IRA liquidity and foreign inflows find a home ... a net increase in liquidity milling and rotating in the market.

btw, are you on the sidelines in cash still?
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