John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (4774)	10/5/2001 10:06:48 AM
From: All Mtn Ski	Read Replies (1) of 33421

John, The bulls are few, but I like being a contrarian and can take the heat. <bg> The posters have been so passionate and emotional regarding further downside, that I think it unlikely to happen. Downside risk of another 5-10% vs. upside of 30-80%? I'm taking the long side. You seem even more bullish than me, but I would love to see that 3100+ on the Naz by Feb 2002. My target was 2250 for the 1st quarter of 2002, and if we rise above it we may be in a new bull, and if we fail, it was just a rally in the "American" Nikkei scenario, either way it will be a profitable rally. Cheers, Tom

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