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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Doppler who wrote (99)	2/24/2000 3:29:00 PM
From: Chip McVickar	Read Replies (1) of 33421

Jeff, Wicked Day...hard to find a bottom...! >>They will try their damndest to hold it up, and with indicators being somewhat oversold they should be successful for a while. I say the 3rd attempt or so we break and freefall. How does Dow 7500 sound<< Terrible....., I do not believe a crash of this magnitude is possible, unless some large event restructures everyone's sense of stability in the present economic environment. These markets have taken an enormous amount of bad weather over 5 years. Greenspan's slow tightening will not bring on a crash to 7500. That is not to say bigger events couldn't do it...! Chip

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