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

To: Cynic 2005 who wrote (7692)	11/12/1997 2:56:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

Mohan, I would be careful, I do not see MSFT much below 120 until February next year. Short term I see (in my tea leaves, of course) further weakness, maybe till Monday and then some stabilization with a minor weakness early in Dec. Late in December we might have a "relief rally" through the first 10 days or so in Jan. Unless you can cover your puts on a spike dwon in the next few days, I would not hold until the last minute. Of course, I reserve the right to be absolutely wrong. Zeev