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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Stoctrash who wrote (3110)1/8/2001 10:32:49 PM
From: John Pitera  Read Replies (1) of 33421
 
Here is the 15 Year SPX chart updated.....

geocities.com

it's still
possible to be reasonably bullish on an Elliot wave basis
with the SPX not willing to take out 1245-1215. While
the NASD has gone through a widespread Bloodletting

It seems we'll get a rally in the SPX off of the 1200-1245
area and the character/wave structure/sentiment/ and
momentum, will tell the bigger picture of what the next
4 to 6 Quarters will look like.

John
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