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Pastimes : Ask Mohan about the Market -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (7417)11/7/1997 11:13:00 PM
From: Cynic 2005  Read Replies (5) | Respond to of 18056
 
I just noticed that this thread is in the "Hot Subjects" list. May be this is time for me to cash out on all my puts. -g-
-Mohan



To: Haim R. Branisteanu who wrote (7417)11/7/1997 11:36:00 PM
From: Bonnie Bear  Read Replies (2) | Respond to of 18056
 
SPX 650 is a full correction to the international index, 800 is the fed's number for full value IF the earnings projections are correct.
So my guess is that it will settle in that range. We will not see a full correction until interest rates go up or a fear-based correction hits the financial sector.


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