John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Terry Whitman who wrote (5167)	12/4/2001 7:56:28 AM
From: John Pitera	Read Replies (1) of 33421

Could we be looking at an Intermediate Term top here after the obligatory first of the month buying? The NASD seems to be holding up so far, but we need to let that market tell us... the seasonality is bullish through Jan and Feb though. My contrarian nature has me casting doubts about the decreasing rate cycle being over longer term, however. When have that many economists and analysts all on the same page ever been correct? <g> Yes I hear you, the true contrarian call would be for a further deflationary swoon to occur. It's very possible over the next year.

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