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

To: Cynic 2005 who wrote (9889)	12/1/1997 5:22:00 PM
From: Brad Bolen	Read Replies (1) \| Respond to of 18056

I mentioned many, many posts ago (man, is this a great thread, or what?) that I felt it was likely for the market to rally hard in Dec. and early Jan., and that would be read by history books as the classic blow off top. Well, I'm no Guru, but if volume picks up drastically here I am going to get very excited. B.

To: Cynic 2005 who wrote (9889)	12/1/1997 6:03:00 PM
From: John Hunt	Read Replies (1) \| Respond to of 18056

FWIW Dept, Mohan, 21 of 30 Dow Industrials are now above their 150 day Exponential Moving Averages as of today's close. I lightened up my puts by about 40% into the close. Will look to re-enter with longer Mar to Apr expiry puts, hopefully at the same price or better. Remaining puts I still hold are Jan's. John