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

To: John Hunt who wrote (16784)	10/16/1998 9:10:00 PM
From: Rex	Respond to of 18056

This next week (10/19) should set the direction. Many big banks release results. Surprises may cause panic which may force mutual funds to sell to lock in gains for year end. This week is also Y2K week as per the government. I don't like the feeling of betting on a recession or bear market. Rex

To: John Hunt who wrote (16784)	10/17/1998 7:31:00 AM
From: John Hunt	Read Replies (1) \| Respond to of 18056

Contrarian - Rate cut aimed at manipulating market stocksite.com << The Federal Reserve now has become a cross between the Hong Kong Monetary Authority and the Ministry of Finance in Japan. We, too, now have an official price-keeping operation. It's interesting to note that from last Thursday's lows to yesterday's highs, the S&P 500 has rocketed 17 percent, the effect of this most recent manipulation. >>