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


To: John Hunt who wrote (15079)3/21/1998 12:08:00 PM
From: Defrocked  Respond to of 18056
 
Bearish thoughts from Carl Johnson, just another
"uninformed", non-New-Era investor. BWDHK. The
"fool" believes in fundamentals in this market.<g>

"These inputs leave us with a feeling this
downturn is nowhere close to the bottom."
<snip>
"If these expectations become reality, will the
other shoe drop? The consensus seemed to
suggest we will have another, more painful,
down leg in the stocks. It is for this reason we
suggest investors hold some cash for the coming
buying opportunity."
<snip>
"Combine these issues with the financial
dislocations in SEA, which will probably be with
us longer than originally anticipated, and the you
have a scenario that makes the '96 correction
look like a stroll in the park. Hold some cash
and tread carefully."

techweb.com