Ask Mohan about the Market Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Ask Mohan about the Market

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Cynic 2005 who wrote (17652)	3/16/1999 12:43:00 PM
From: Mark Ivan	Read Replies (6) of 18056

All, I personally think there is still just TOO MUCH money sitting in money market funds at thia point to justify a big drop. The figure I heard a few weeks ago was in the billions I beleive. With so much emphasis on DOW 10000, everyone thinks we will get there (we did today) but also everyone thinks it is the TOP. My guess is we will break thru and close above 10000 this week. This will ease everyone's fear of 10000 being the top. All that money market dollars will then be plowed recklessly into the market, and THEN you wil see the big drop. This should coiencide nicely with options expiry next week. Thus I predict 10250 or so by sometime end of next week or beginning of week after (intra day high) and then we drop. MArk

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next