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

To: Mikhail Rasolis who wrote (8514)	11/18/1997 10:35:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 18056

Mikhail:, it is dangerous to overlap these curves, you can move the late curve to the right and adjust the scale and show that the peak will not come until 12,500 this way, quite easily. In any event, the three weak sisters, Indonesia, Thailand and Malaysia all are hitting new yearly lows, Korea is not far behind. I am afraid that India and Pakistan are going to join the choir, despite their relative insulation. Will BOJ let the Nikkei join the party under 15,000? That is the question. My bet is that the minister of finance is going to miscalculate and not come up with what is required, a tax cut, and he'll use financial dressings to cover up the major weakness, what will we need failure of another 3 of Japan's largest banks? I still think that the course is set for the Nikei to go visit sub 15,000 territory and for the dow tho visit the low 6000 (6200 is still my number) by leate Februaty early March. Zeev Zeev