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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (3590)3/27/2001 4:22:17 PM
From: Logain Ablar  Read Replies (2) of 33421
 
John:

The problem with good ideas is they are just ideas for now (elon should be good long term but it needs to hold $15 for now). All I expect is a bear market rally for a month or so. At least @ this point I can't see this just being an inventory correction and the economy / markets come back althought a 60 to 75 B retro active tax cut will change the scenario.

I can always be wrong and adjust accordingly but right now holding for any length of time is dangerous until we break this downtrend.

Will try to comment later.

Good luck

Tim
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