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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (15606)	5/2/1998 10:30:00 PM
From: Zeev Hed	Read Replies (1) of 18056

John, the interesting thing with the "market Gauge" indicators is that all the short term oscillators are now positive. It seems that as bad as the market breath is (as far as its recent new High new low list) is, it is going to roar again possibly to a new high, all that while the Asian market are slowly declining. The Nikkei is showing ferocious fighting on their Maginot line (15000), but if this one breaks, who knows what kind of retreat we will see. Korea is already in a well established down trend and Indonesia is not better off. Zeev

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