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

To: Mike M2 who wrote (10764)	12/10/1997 4:29:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 18056

I think there is a strong likelihood we will see a Dow at 4000. When it was at about 6500 Templeton mentioned a 40% bear market. No one --including me-- believed him back in the early 1980s when he talked about a 3000 Dow in the 1990s. It seemed utterly impossible. If earnings decline and P/Es go to 10, it could be even lower than 4000. Neither of these possibilities is particularly absurd (except to certain bulls who, I expect, will now come piling in hurling abusive language).

To: Mike M2 who wrote (10764)	12/10/1997 4:39:00 PM
From: MythMan	Read Replies (2) \| Respond to of 18056

>>The baby boomers are spoiled<< True but you are just jealous. >>and cannot take pain and suffering they will capitulate and sell into a declining mkt.<< Yes we can and will prove it. Remember, we RUN this country. >>Momentum and speculation took it up past 8000 the loss of momentum will take it down.<< This has been done by gen-x slacker traders. what do I care <g> When has it happened before? Not at boomer expense. ho ho ho. You are a foolish young man Mike. Stop reading your books and get out and score! <g> Pete