John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jack of All Trades who wrote (1789)	5/26/2000 7:40:00 AM
From: GROUND ZERO™	Read Replies (2) of 33421

I think if you use the low from the previous month back in 1998, around 1050 or so and cut off that next month's lower cycle, we're still above the line... that's the problem with simple trend lines...<g> BTW, that section that I'm suggesting you cut off is very similar to the one month trading cycle we're in right now... the bottom line, yesterday's low must hold or all bets are off..... I'm expecting friendly numbers this morning... person income up about .4% and personal spending down about .4% so we'll see soon enough which way these markets want to move..... I think the bond market is expecting friendly figures, they rallied more than a full basis point yesterday... who knows.....<g> GZ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next