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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (1545)5/9/2000 10:47:00 PM
From: bobby beara  Read Replies (1) of 33421
 
>>>1994 Redux: Beware of the Fed Meeting<<<

john not really, similar, but way different the 50 dma put/call ratio hovered between .75 and .95 the whole year and bullish advisors dropped to around 26% just prior the the rally off the bottom in late 94, throw in the personal savings rate chart, the mutual fund cash level chart and you got a no no to 1994, but i would bet a relief rally out of fomc will be a good shorting opp -g-

b
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