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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: The Phoenix who wrote (52353)9/15/2000 1:28:56 PM
From: Jorj X Mckie  Read Replies (1) of 63513
 
I haven't checked the other threads, but I am guessing that the bear is loose in the campground. The time to be bearish, IMO was back when Pitera was saying get out of the market 2 weeks ago. I would look at the OTC BP as we are now in a bull correction....I believe that we may pull back a little bit more on that chart...in other words, more sell signals may show up, but I think that the OTCBP bottoms out at 40 where it will set a higher low on which to rally. We may get there today
quote.yahoo.com

The fundamental picture of the whole market has changed...the interest rate hikes have slowed the economy. That means that some businesses and sectors are definitely going to show weaker earnings....we just have to determine if these slowdowns will actually affect the companies in which we hold shares.

I wouldn't say that I am bullish, but I am not overly bearish either. I am holding my positions.
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