John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (1494)	5/3/2000 5:19:00 PM
From: Chip McVickar	Read Replies (2) of 33421

John, I would expect a strong Euro Dollar would be even worse for the ECU. They sell more now, manage debt structures better and keep pointing the finger at everyone else and amongst themselves. Mean while summer break is just around the corner. The Fed is doing the best it can and slowly with plenty of warning... Wonder what could possibly kill these US Markets...? I expect a tight market with no crash throughout the next 6 months..., fast and unstable. Only something unexpected and powerful can pull the chain on this backyard pool. So lets splash around, make waves and see who's good enough to pick this traders market and stay above water. <<smile>> Similar to 1994-95.... Range bound between: DOW 11550-9750 SPX 1520-1350 NAS 4500-3200 UTIL 350-310 If nothing big happens markets go higher come October. Chip

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