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Strategies & Market Trends : Drillbits & Bottlerockets
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To: Jorj X Mckie who wrote (12224)5/18/2001 3:21:15 PM
From: John Pitera  Read Replies (1) of 15481
 
Bigger picture it's not.....over the next 2 years. It's not just an energy issue, we've had an asset bubble pop and
putting all this liquidity back into the system is not going to recreate the 1990's, from what I know.

you should start a thread that takes a poll....... "Do you have a stock position that is underwater that you will
be lightening up on if it goes up enough" It would be interesting to see what people have to say. And you are
the threadMaster -g-

But this still does not mean that we can see some really nice upside action in stocks near term... that probably
should happen with the DJIA and SPX breakouts through 11000 and 1275, obviously getting the nasd through 2230
and also 2255 (which is very important because two Fib targets are clustered there, so it's more powerful) will
give traders and investors a desire to add on.
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