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Pastimes : Ask Mohan about the Market
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To: John Hunt who wrote (15561)4/27/1998 8:03:00 AM
From: Zeev Hed  Read Replies (1) of 18056
 
John, I agree, Korea has breached the 410 and the Nikkei has just shot a voley across the Dow's bow. I think we are ripe for few hundred points decline, maybe all the way to 8250. I do not yet see a much greater correction than that that. At least, my turnips are showing that after this mild correction, we probably are going to retest the highs set this month in the July/August period. Depending on the breadth of this retest we might actually go into a more sever decline in Autumn (maybe even an October "mini massacre"?)

Zeev
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