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

To: Zeev Hed who wrote (13534)	1/28/1998 8:47:00 PM
From: Simon	Respond to of 18056

<<< February will still be in the turnips' column.>>> Take good care of dem turnips. This market is getting me crazy. I keep watching the Dow transports. They are again close to the top of a traingle line. If they break out and keep going, I'm going to throw in the towel.

To: Zeev Hed who wrote (13534)	1/29/1998 12:20:00 PM
From: vegetarian	Read Replies (2) \| Respond to of 18056

Any idea why Greenspan is "talking up" the stock market? Is he trying to get attention away from Clinton's problems by pushing the market up? The market is moving up as if there can be no problem in the future after it came out of Asia debacle. Very interesting action after a long period of consolidation.

To: Zeev Hed who wrote (13534)	1/29/1998 12:56:00 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 18056

Dear Zeev- India you are right has nothing to do with ASEAN crisis, BUT THAT IS ONLY HALF THE STORY- India's new low has to do with forth coming elections in India - fragmentation of political structure with rightest and extremists parties denying Congress the founding party of India the role of 'mother party'- India lows today should be seen in that light- in my opinion Korea settlement today and AG comments will lead HSI higher we may not be out of the woods but certainly in a new phase of damage control- by the way India private sector foreign debt is a fraction of Indonesia or even Malayasia they have a controlled exchange system- Indians like we pakistanis were never a subject of huge chunks of hot money they had sensible inputs and hence are also not target of senseless selling- India corporate sector like Reliance group Anil Ambani a Wharton Graduate is not crippled like Indonesians huge corporate sector debt they have out of 123 billion $ 's in total debt where 'corporate Indonesia' owns and unable to service 48 billion of it India is not stradlled with any of these problems neither their ruppee has fallen from 2500 to 14000 - it is stable- so India selling today is not a prototype for what is going to happpen in ASEA on Monday-