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

To: Bonnie Bear who wrote (7765)	11/13/1997 5:52:00 AM
From: Snowshoe	Respond to of 18056

>>Had a terrible bout of insomnia.<< Try some warm milk laced with Drambuie. <g> >>The garbage will get eaten up while the indexes stay unchanged.<< In a bear market the indexes will go down too, but not as fast as the junk. After all, the DJIA stocks actually pay dividends. Seems to me in 1990, the DJIA was down around 15-20% or so, whereas some of those small-cap funds were down 60%.

To: Bonnie Bear who wrote (7765)	11/13/1997 6:05:00 AM
From: Jack Clarke	Read Replies (1) \| Respond to of 18056

Bonnie and other members of our bear family: How quickly our sentiments change. One night of stabilization in Asia and we are Prozac bound. Fundamentals remain crummy re: valuation. By the way, what are these GOOD fundamentals the mavens keep talking about on CNBC bubblevision? But the question surfaces: Who is buying those Globex futures? Is there a plunge protection team? Are AG and Rubin really manipulating the market? Some congressman needs to ask AG directly if this is happening, but don't bet it will happen. Butch Cassidy's (movie) oft repeated question re his pursuers: Who ARE those guys? I'm keeeepin' my (Dec) puts. Jack