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

To: Cynic 2005 who wrote (8888)	11/21/1997 3:56:00 PM
From: Bonnie Bear	Read Replies (2) \| Respond to of 18056

Mohan: it failed the SCH test. SCH had a huge reversal and is down over 2%. Very bearish. oh, i just looked again, they closed most of the gap in the last five minutes. That too is bearish.

To: Cynic 2005 who wrote (8888)	11/21/1997 4:00:00 PM
From: Mark Nelson	Read Replies (2) \| Respond to of 18056

Wouldn't we have a rush to bankruptcy (of marginal companies/countries) if a perception of limited bail-out money were to arise? I'm sure that if such a perception were to arise, countries/companies which had already locked in a bail-out would feel more than a little fortunate. Macro question: Do these massive bail-outs=redistribution of wealth (from the wealthy to the wealthier or what)? Later.... Mark PS: Mohan, would UK be sensitive to India Rupee devaluation? Lot of old ties there.