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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (53)12/11/1996 10:18:00 PM
From: wiz   of 18056
 
Hi Mohan

Why don't you make some predictions ahead of time.-ggggggggg-

Wow man, that was going out on a limb! I'm in shock concerning this market. It is truely amazing. I talked to a bunch of diferent people at work today, and when I brought up todays open I expected to see a little fear. No such thing. They were all convinced that the market MIGHT go down 100, 200, actually they had'nt thought that far. All they knew was that the market would go up after that.... That may be true, but to forge strait ahead with no fear, no thought is scary!!!!
The I.E.R. (irrational exuberance reversal) just might be a while off... but the more I see of peoples mind set, when it comes....Katie bar the door.
It is unfortunate. With a healthy correction now and again someone could invest with a little comfort. The market is (IMHO) so toppy now that the rewards are outweigted by the risks! I can't comfortably "toss" money into the market for fear of a mega scalding! Oh well...... no guts no glory...... I am all cash but for a few select puts

Say hi to your bird.... (you should concider naming him)
Mark
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