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Pastimes : Ask Mohan about the Market

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To: Simon who wrote (14083)2/14/1998 12:01:00 AM
From: Simon  Read Replies (3) of 18056
 
Bearshark:
Now that Alaska Air has had its run and everybody has quit salivating.
The Trans. buckled today. Up 25 then down 30? Looks like the end of the run for them. Kernan said maybe a truck co. or rail would step up to the plate. Not likely.//
Been pondering what caused the big buy programs yesterday. Trans. up 85 or so. Dow and S&P down. Jack the latter up quick to make the mkt look good. Today looks like a "lay" day. Be cool just before the long weekend. Finally got the dow ^ .50. Wow, that's a barn burner. Sounded good on evening news though.// CBS evening news sent me into shock. Dow + .50,S&P+8.90,Nas + 16.00 something. How could that happen in last 5 minutes? Must have been for the week or yesterday or something.//
Just remember folks: Keep those cards and DOLLARS flowing into your friendly Mutual fund. (I heard the bond funds got a lot of it) T.Rowe Price warning people not expect 20 % gain again this year.//
Somebody on CNBC (guest) said something about the movie "Titanic" and a correlation to the stock market. They all broke out laughing about that. Strange, I had the same thought the other day. "Twas a saaad day when the great ship went down." Song might become popular again? It was, after all unsinkable. Kind of like this market, unstoppable. Could be an iceberg floating in the water next week.//
Now to the important things: Got to install a new modem in #2 machine.
Brand X. $ 40 minus $ 20 rebate. It don't have to work well, just work.
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