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

To: Gary Spiers who wrote (16593)	10/1/1998 9:33:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

Gary, you can start by looking daily at: marketgauge.com This table shows five classes of "indicators" and you'll never find them agreeing with each other. Some of these are "pereneally" bearish and wrongly so, some are prematurely bullish. There are some indicators (like in the "smart money" section, the specialist's behavior) which you ignore at great risk. This is only one of many of the factors the turnips are trying to look at. For instance, the Sep/Oct minimelt call involved trying to determine how long it will be before the Japanese will come to the conclusion that they really need to do something, this call was more than 50% based on fundamental and political analysis including throwing in some uncertainty for our own "Clintonitis". I hope that helps. Zeev

To: Gary Spiers who wrote (16593)	10/1/1998 11:08:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 18056

Gary, note that today, the Dow Transportation just made a new yearly low, according to the Dow theory, this confirm that we are still in a bear market. Just another one of the tools the turnips look at. Zeev