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Strategies & Market Trends : John Pitera's Market Laboratory

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To: ajtj99 who wrote (10985)12/19/2008 11:37:21 PM
From: nspolar  Read Replies (1) of 33421
 
Did you readjust your models over the last few months?

If so why?

I am curious aj, only reason I am asking. I seem to recall some things you said early in the fall about your models. Did we not go substantially lower than your models, at that point in time?

I am not sure at this point if my longer term views, regardless of the shorter term or intermediate term views, require changing. It will likely depend on the lows achieved in January. The lows achieved to date have been lower than what I originally envisioned before the fall knock started, but probably within tolerance. If these lows get taken out by substantially lower lows, I think I will have to change some things. I may anyway.

I can also unequivocally state I am not in agreement with some of the big 'wave' guns, in certain areas for sure.

In this business models have to entertain a certian amount of 'fluidity', at least in my opinion. Yes it is a word.

"1 : the quality or state of being fluid
2 : the physical property of a substance that enables it to flow"

TF
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