John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: IndexTrader who wrote (463)	3/14/2000 10:43:00 PM
From: robert b furman	Read Replies (1) of 33421

No unable to watch during the day.I'm owner of a dealership with too many interruptions. Must do positional trades and study at night for short term stuff. Love the action just preoccupied. Don't like the looks of this weakness. Have never been full believer in the BK - but serious panic could be in the cards for tomorrow. Huge flows of money have gone out of liquid stocks and gone into the NAZ. Most players just don't know how MM back away in down markets. It's fast and its ugly. Must place lowballs in advance. I did today - Buy 5000 shares of Cohu at 35. Hope for panic - and then recovery !!! Hehehehehe This market is going to inflict pain when greed is replaced by fear. Can you believe yesterday - its almost obscene the way this market is conditioning people to buy the dips - don't worry it will turn around. By the time the margin buyers get a clue - Liquidity crisis will be for real !!! SCARY Bob P.S. I'm in cash thanks to my very open teacher GZ. Bob

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