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

To: Tommaso who wrote (11481)	12/14/1997 7:33:00 PM
From: Elllk	Respond to of 18056

Tomasso I like Abelson but this is about the fifth year in a row he has tacitly agreed that DOW 4000 is not unthinkable. I, myself, think, however, that it is not unthinkable that this time he is right. <VBG> Larry

To: Tommaso who wrote (11481)	12/14/1997 8:13:00 PM
From: Mike M2	Respond to of 18056

Tommaso, yes I saw Barron's interview with Marc Faber with Dow 4000. A week ago Pete M. said my call for Dow 4000 was ridiculous-well I am in good company. I will show this to Pete. Actually, I think we will be lucky if it stops at 4000. It could easily get worse-reverse momentum but I usually don't say this publicly(don't tell anyone)because they think I am nuts-g- Similarly tell people you like gold -they cannot understand. That is one anecdotal indicator of a Mania when people say a 50% decline is impossible. Mike