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

To: Zeev Hed who wrote (16875)	10/29/1998 9:30:00 AM
From: Ahda	Read Replies (1) \| Respond to of 18056

Moi Ami. Tis not my words as i am a babe in the woods compared to this guru. He is worth listening to on occasion: RE Ahahaha There is another concern: Japan. They have been given a nominal reprieve, but I claim it's too late. They are throwing good money at bad debt. This action doesn't address the true problem which has very little to do with Japanese banks. When the confidence runs out again, the good money will fly to safety in our T-market, pulling out the basis supporting the empire. The collapse of Japan will send the stock market into a bear lasting until the fall of 2000. I sure hope this a wrong view.

To: Zeev Hed who wrote (16875)	10/29/1998 12:05:00 PM
From: space cadet	Respond to of 18056

Zeev, I agree with your outlook. However, I'm not aware of too many remaining superbargains now that the market is 1000 points higher than a month ago. What stocks look truly cheap here to you? Most of the cheap ones have a pretty solid reason why they are cheap (like lousy earnings next year) so I wonder which ones you like. I see one final decline in Nov-Dec for a couple weeks, taking us down to 8000 and worse on the Nasdaq, and then it's up up and away. Possibly we test 9300 by Dec 31...