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Pastimes : Ask Mohan about the Market

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To: Cynic 2005 who wrote (17631)3/16/1999 8:58:00 AM
From: Cynic 2005  Read Replies (3) of 18056
 
What's for dinner dinner today? Crow or Thunder Chicken? -g-

The call:
<<To all, in no more than two more trading days, THIS BULL-MARKET WILL BE FINISHED! Most likely top is today. I expect a serious reversal by end of day from up 132 to about down 100 or more. (NASDAQ is up about 24 now and it should be down 50 or more by close) If that happens, the major top will be TODAY.
This will be follwed by a gut-wrenching decline in all indices - especially the market darlings!>>

Update:
Yesterday DOW S&P and NASDUNG gained 82, 13 and 50 points, respectively. So, thursday was NOT the top as hoped. If we closed-up today, the call is technically dead and I have to eat crow for dinner today! -g-
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