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

To: tekgk who wrote (13579)	1/29/1998 7:38:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

Tek, I had a rally going into Wednesday (2:38 PM again?), but my forecast for a decline thereafter is already full of rotten turnips, and frankly, I did not have a real rally just a "little strenght", so do not feel bad, your forecast is alright. I am still bearish on next week and the whole of February, but we will need to break 7600 within the next 10 trading days for my forecast of breaking October's lows by the Ides of March to come true. Right now, I do not see any major reason to suspect another scenario. I still see the long1bond challenging 6% again (on that one I was pretty good, it came within some 15 basis points before turning) and that together with Asia and meek "looking forward" statements will do the trick. Zeev