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Pastimes : Ask Mohan about the Market

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To: Crimson Ghost who wrote (17090)	11/14/1998 11:45:00 AM
From: Zeev Hed	Read Replies (5) of 18056

George, not only that, but just like at the July top, we have a second Internet" mania in progress. The most dangerous sign, IMHO is the lack of substantial expansion of the new high lists it did not even go above 100 in this rally and after leaking, it now hover in the 40 to 60 range, for a market only 5% from its all time high, that sound like a big warning. My model now no longer calls for a year end rally (except just through the actual holiday season late in December early Jan). I think we have a good chance of topping next week. I am going deeper into cash next week, by the end of the week, I should be up to 75% like in late July. Zeev

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