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Pastimes : Ask Mohan about the Market

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To: MythMan who wrote (15700)	5/13/1998 8:57:00 AM
From: Mike M2	Read Replies (2) of 18056

Pete, nothing wrong with cash. Bear mkt in stks-it's coming is like a bull mkt in cash. I know I sound negative but that's de way I see it. If you want to hear "don't worry be happy" watch CNBC -get to see Kate B too hohoho. So you don't see troubled times-wait until de mkt tanks and all the baby brats are screaming.-g- Did you see de forbes article on de options Smithers figures the S&P PE is more like 35 rather than de record 28 when the real cost of options is figured. There are many other factors which make the quality and sustainability of earnings questionable. BTW Fleckenstein and Hickey are mentioned in de forbes issue 5/18 p. 318 Later Mike

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