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Strategies & Market Trends : John Pitera's Market Laboratory

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To: morokko65 who wrote (9630)7/9/2008 7:10:18 PM
From: nspolar   of 33421
 
Over here within the halls of Mr. Pitera's market laboratory, we strive to be out in front. We try to keep up with our leader, within the realm of what we do best.

Previous posts on the DOW talk to my mind.

#msg-24638249

#msg-24638669

#msg-24716520

#msg-24696689 The i of c (or 3) down as I have labeled it was projected to be around 11000. We are getting close to that. A rebound should ensue with perhaps a vertical drop later this year.

There will be a test coming up later this year, which will let us know who is correct, the bulls or the bears. If it is the bears my target is around 5000, late 2011 timeframe. I currently favor the bears.

Good Luck Mate.

TF
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