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Pastimes : Ask Mohan about the Market

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To: Bonnie Bear who wrote (14386)2/24/1998 3:46:00 PM
From: Don S.Boller  Read Replies (1) of 18056
 
Bonnie: DON'T FOLLOW BROKERAGES......................
My last firm was Shearson (now Smith Barney). Have never
liked the big wire houses much. Very inefficient, though better
than in my era. The shorts in BSC might be "against the box"
BWDIK. If I were going to play these - I think I'd make
up an index of the leaders, incl. "We the People" then track
others like A.G. Edwards, Hambrecht, etc. versus the "index"
on a relative strength basis....trying to buy the very strongest
on minor dips. The business is really changing, as you know.
(I opened a Discover on-line acct. a few days ago...owned
by Morgan/Dean Witter.... but, I can't take a check to local
DW to put in my account!?!)
Wish you LOL
Don
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