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Pastimes : Ask Mohan about the Market

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To: John Hunt who wrote (16360)9/8/1998 1:20:00 PM
From: Link Lady  Read Replies (1) of 18056
 
Wanna Be a Market
Timer? Consider The
Diaper Theory
techweb.com
The Diaper Theory is straightforward.
When stocks are dropping so fast that
most investors are beginning to wet their
pants, it usually means we're
approaching a bottom. Here we are only
a few days after the most recent plunge,
and most investors are still putting up a
brave front even though we seemed to be
close to Pamper Time during Monday's
closing hour. For this reason, we'd bet
there will be more bloodletting before
the Diaper Theory signals a buying
juncture. Even so, it may be time to start
nibbling.
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