John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (262)	2/29/2000 4:42:00 PM
From: Bull RidaH	Read Replies (1) of 33421

Hiya GZ! With the Dow's excessive exposure to big cap blue chips, it's in real trouble! <g> I think we'll see it bottom around 8000 give or take a couple hundred. The Naz will be a good bit trickier to call at this point, but it should be easier to predict when we see it make its final high in May. On the backs of the exploding small & mid caps in the Naz comp, it could very well push past 6000 in that time frame (which may be still too conservative). From that peak, I would expect a 45% correction into the May 2001 low. What's your take on a possible set up for a buy in shorter term treasuries? Eyeing anything in particular? Warning: These are musings from someone under the influence of androsteinen, branched chain amino acids, and adrenaline generated from the rush riding RMBS & NDB. <g> Regards, David P.S. Yohimbee, anyone?

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