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

To: Crimson Ghost who wrote (16868)	10/29/1998 9:06:00 AM
From: Zeev Hed	Read Replies (2) \| Respond to of 18056

George, right now the turnips are in the middle, not particularly bullish nor bearish. They got the November rally in October (thanks to AG), and they see a trading range in the 7950 to 8650 (we are in the middle). Very short term oscillator have moved back into bearish stance, but the put/call ratio in the last few days is getting quite high (meaning quite bullish), so any decline will probably be contained. Next year starts to look like a pretty good year, at least during the first half. The bear market has created quite a number of "superbargains". Zeev