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


To: Bonnie Bear who wrote (8691)11/20/1997 12:37:00 PM
From: Cynic 2005  Respond to of 18056
 
this is a short-covering rally.
Bonnie, on the lighter side, we could call it a short-covering rally all the way through DOW 9000! -g-
-Mohan



To: Bonnie Bear who wrote (8691)11/20/1997 12:43:00 PM
From: Kapusta Kid  Read Replies (1) | Respond to of 18056
 
When you come to a fork in the road, take it...L.Berra

With Yogi's words of wisdom in mind, Ted Murphy, who runs the Market Player quant site, just posted a SELL signal for his S&P 500 Valuation Model. The model has been on a BUY since 1992. On the same web page, Murphy warns that the equities markets have routinely posted serious gains in December/January, so this might not be the best time to act on the SELL.

The January effect is well known. I know it, you know it, the American people know it...R.Dole as performed by D.Aykroyd

Time for some hedging....



To: Bonnie Bear who wrote (8691)11/20/1997 1:03:00 PM
From: John Hunt  Respond to of 18056
 
Korea seen seeking IMF aid after December election

biz.yahoo.com

<<< About two-thirds of Korea's $110 billion external debt matures in less than 12 months, according to official data. >>>

73 billion dollars on a shorter term than a credit card.

:-))

John