John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Stoctrash who wrote (11550)	1/29/2009 1:31:47 PM
From: Jorj X Mckie	Read Replies (2) of 33421

it would seem my bullish target may be in jeopardy at this point. in my book..taxes are never the answer. BPNYA and BPSPX both reversed up yesterday. Not saying that this is a good reason to get bullish, but I do see the downside as being limited to another 600 dow points.....and with the way the market moves lately, sheesh 600 dow points is barely an extreme move. this up and down shit is just gonna grind every penny out of the bulls and the bears. With the shit going on with the banks, I might have to start in with the "buy gold" mantra. That may not be a sell signal for gold in itself, but if you see me starting to talk about buying guns and ammo, put on your horns, cuz we'za gonna go higher on the stocks.

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