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


To: Enigma who wrote (17057)11/10/1998 2:28:00 PM
From: Crimson Ghost  Respond to of 18056
 
Enigma

Tradition. Plus anticipation of another rate cut. Plus my expectation of a substantial November correction (seems to have already begun) leading to a short-term oversold market.

This year-end rally which may carry the Dow to 9500 will be a great selling opportunity if it comes. I agree with Zeev that we may well test the Dow 7400 low by spring.