John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Chip McVickar who wrote (3021)	12/24/2000 5:31:30 PM
From: John Pitera	Read Replies (3) of 33421

Chip, you've identified several of the potential problems that may develop as we move deeper into 2001, The 4 year cycle has been pretty reliable in bottoming every 4 years, 1998,1994,1990,1986, 1982 etc and it's scheduled to bottom in 2002, and we could see it's depressing affects later in 2001. The decline in Crude from the mid 30's seems to have reduced the need for USDollars,as Crude is denominated in USD and more seem to be needed overseas, when the price is higher. John

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