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

To: Rex who wrote (16783)	10/16/1998 3:01:00 PM
From: John Hunt	Read Replies (3) \| Respond to of 18056

<< Re Any comments? >> Hi Rex, I really wish I knew. If you asked me several months ago, I would have said turning the market was like turning an ocean liner to port after it has already started to turn hard to starboard. Now, the market seems to be like a leaf blowing in the wind. I think I see manipulation by the fed on several fronts causing these flip-flops, including S&P overnight contracts, selling of gold into the market, and of course the usual monetary intervention. Probably I am just paranoid. :-)) Like you, I am about 90% cash and will probably stay that way until I think that we have had a decent correction, BWDIK. Sorry I can't be more helpful. John