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

To: Tommaso who wrote (9243)	11/24/1997 4:11:00 PM
From: studdog	Read Replies (1) \| Respond to of 18056

Can now add Oracle to list of earnings downgrades based on slowing Asia demand biz.yahoo.com That I/B/E/S number has got to be getting lower..... Karl

To: Tommaso who wrote (9243)	11/24/1997 4:17:00 PM
From: Defrocked	Respond to of 18056

Imagine those numbers when we run into some real selling. There was only one quick sell program opportunity which the pit quickly faded at the 947 level around 15:40EST. So I doubt any volume of consequence got transmitted to NYSE. I can remember when the S&P futures always traded near the lower arb. boundary, not the upper one like it did thoughout today. When the former trading pattern emerges, we'll have a real bear market on our hands. Even as I peck the keyboard the SPZ's are being pushed back to a 3 point spread above cash on the futures close. BWDIK.