Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bonnie Bear who wrote (10337)	12/5/1997 11:51:00 PM
From: Zeev Hed	Read Replies (3) \| Respond to of 18056

Bonnie, I am not particularly high on conspiracy theories of any kind (but just because you are paranoid, it does not mean THEY are NOT following you <VBG>), I think the heard of bulls has tasted a little fear and is now herded (?) into a narrower and narrower group of defensive stocks. No special conspiracy there, except that act has a way to move the SPY and the DOW in a more accentated fashion. Here we are at new highs on the S&P but the number of new highs is only 1/3 what it was last time we were here. That should tell you something about bad breadth (breath). I still view this as a rally in a bear market. If it goes to far it will rob us of the january effect all together. Since I do not think that will happen I still expect (I am too stubborn) some retrenchment here. Not much time left however, so I would say that expiration will have a lot of puts and calls expiring worthless. Zeev