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

To: Zeev Hed who wrote (17045)	11/9/1998 5:38:00 PM
From: Mark Ivan	Read Replies (1) \| Respond to of 18056

Zeev, I noticed the one day OEX put/call ratio dropped to neutral today. Do you even look at the one day ratio, or only at the 5 day moving average? Also, with your predicted trading range of 5000 to 10000 on the DOW for the next several years (say 5), we are talking an average annual return in the market of about 2%. That's would make a lot of "buy and hold" people very sad. I just don't see that type of return without a recession, but you seem to think that AG will do anything to avoid a recession. What is your logic on the top end of 10000? Thanks Mark