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

To: Bonnie Bear who wrote (13647)	1/30/1998 5:07:00 PM
From: Jack Clarke	Respond to of 18056

Bonnie, >> Remember that today was the day for testimony about the Asian financial crisis and the markets had to show how calm and well-supported they are with the help of the plunge protection team :) Scary to think that the feds are propping up the mania. It's even scarier that they are doing it with my money! One adviser (Rick Ackerman) says that if Slick gets off, the market will scream to new highs and the shorts will be decimated. Sadly for me and other "fundamentalist bears", it appears that that scenario is more and more likely. Tice will suffer too. But today was somewhat unusual with the discrepancy between the Dow and the S&P futures contract. I don't recall ever seeing that before. Always appreciate your views, Bonnie... Jack