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


To: John Hunt who wrote (15561)4/27/1998 8:03:00 AM
From: Zeev Hed  Read Replies (1) | Respond to of 18056
 
John, I agree, Korea has breached the 410 and the Nikkei has just shot a voley across the Dow's bow. I think we are ripe for few hundred points decline, maybe all the way to 8250. I do not yet see a much greater correction than that that. At least, my turnips are showing that after this mild correction, we probably are going to retest the highs set this month in the July/August period. Depending on the breadth of this retest we might actually go into a more sever decline in Autumn (maybe even an October "mini massacre"?)

Zeev



To: John Hunt who wrote (15561)4/28/1998 6:21:00 AM
From: John Hunt  Read Replies (1) | Respond to of 18056
 
Why Greenspan & The Fed May Be Unable To Shield Investors

nypostonline.com

<< Worse, Greenspan has told friends that he's not really sure what the economy is doing. He's been claiming that the reliability of the government's economic data is being destroyed by fundamental changes in the nature of the U.S. economy. >>

It's like when you go to a business to lodge a complaint and ask to talk to the person in charge and they say 'There is nobody in charge here'.

:-))

John






To: John Hunt who wrote (15561)4/28/1998 6:29:00 AM
From: John Hunt  Read Replies (2) | Respond to of 18056
 
If Market Balloon Bursts, Economy May Bubble On

washingtonpost.com

These spinmeisters could make 'death and taxes' sound good.