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

To: Link Lady who wrote (16608)	10/1/1998 2:31:00 PM
From: John Hunt	Respond to of 18056

<< Are we now waiting for the panic? >> Yes, a few hundred points lower on the Dow. < g > John

To: Link Lady who wrote (16608)	10/1/1998 3:58:00 PM
From: Zeev Hed	Respond to of 18056

Wendy, earlier today, the tick got down to -1308, but that is just "fear" no panic, we need a tick below -1500 before we get a real panic worse playing on the upside. I think we have another day or two (wait until Monday, you may see a real panic then, a tick below -1650 or so would be delicious for jumping back in for a trade or two) on the weak side. Then we might get a few hundred points rally. Right now, cash does look good. By the way, the decline we are in, does it qualifies as a "minimelt"? Zeev