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

To: Denice who wrote (14063)	2/12/1998 10:32:00 PM
From: Zeev Hed	Respond to of 18056

DEnice, I think the market will correct, but my turnips are starting to point to a milder correction here, and much more severe correction later this year. Right now, I see a decline being limited to 7950 or at worse, about 7600 (which is quite a lot from here). Take into account that the same topsy turnips did not think the market would better 7950 during the January rally (which it did not) but, instead of pointing down from there we are a good 400 points above, so do not pay too much attention dem turnips (g). The storm over the rim is gathering winds again, and I think that sooner or later, the market is going to recognize the negative impacts this storm will have on our markets. The recent strength in the high tech, to me at least, appears to be quite premature. Zeev