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Strategies & Market Trends : John Pitera's Market Laboratory

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To: Yorikke who wrote (14141)6/7/2013 8:52:05 AM
From: John Pitera   of 33421
 
one more batch....

To: Fintas who wrote (51253)6/4/2013 2:22:14 PM
From: John PiteraRead Replies (4) of 51494
Hi Fin.... The psychology is as pervasively bullish as it was in Q4 1999, Q2 and Q3 of 2007..... and very analogous to the Nifty 50 market rally in 1972 heading into 1973.... and the US political situation and the GLOBAL geo political situation is arguably much worse than 1973.......

the Global situation is like 1968-1969 and a vague similarity to 1931 -1932.......

more about that later.

John


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To: John Pitera who wrote (51279)6/4/2013 2:27:34 PM
From: EntitlementRead Replies (1) | Respond to of 51494
Excellent markets to Short into with stops via Puts and leverage shares alike. You all know I never bought this bologna of a market and have not been long much of anything to brag about. Fact is, I don't need to be. I'll make a boat load on the Bear side but staying nimble enough to know the crooks take dollars on either side of the trade.



To: John Pitera who wrote (51279)6/4/2013 2:32:46 PM
From: FintasRespond to of 51494
SPOT ON JOHN. As one who has a good pulse on things beyond this border there are MANY nuances that a good investor MUST not just pay attention but ACCEPT what his work reveals. Failure to do such WILL have an impact on one's performance. UNLESS of course one understands how to exploit.

I hear more and more diss EL ARYIAN and I think to myself. REALLY? . Any familiar with his background know he's one bright person and has a very good track record long before PIMCO.

Now most know I'm an admitted perma bull but NOT naive.

Let EM BUY BUY BUY.

What you presented re JAPAN was good. Even if some pundits do the who cares about Japan? They are way over there. OH YEAH. Yup they will lead the sheep to slaughter and as they do enjoy the fruits from doing such.

What is of interest and I'm sure you are aware. That few mention things SOUTH: as in South America.

BE WELL.

Fintas



To: John Pitera who wrote (51279)6/5/2013 1:02:07 PM
From: John PiteraRespond to of 51494
The VIX actually went over 17.... the great rotation has been suboptimal.... El-Erian did an A+ Job of outlining the Market situation late last week...let me see if I can find that video....or give his 4 major theme highlight talk -- he has been talking about scaling back risk exposure for 3 weeks as has Bill Gross..... (new JPP editorial note for Friday June 7th... and I am articulating and surmising imho... what for them is pulling back on risk asset exposure....it's emerging market debt, lower quality debt.... junky sovereign debt..... and looking for an expansion of credit spreads and an increase in CDS spreads and prices....

John



To: John Pitera who wrote (51279)6/5/2013 1:23:18 PM
From: John Pitera1 Recommendation Read Replies (1) | Respond to of 51494
Hi Fintas... AS I stated here on Sunday in May..... the peak in mass mood Euphoria and concomitant turning point was Sunday May 26th....... we had the applying pressure of 2 other cycles on Thursdays May 23rd..... as well as a very significant full moon occurring the next night and the Mars Venus Jupiter conjunction... It was a significant time turning point.

So Far..... the optimism peaked the Thursday -Friday prior to Memorial Day weekend. as I stated to TJ..... and I was all jagged out from my bitch of a trip to Chicago.......but we got our extreme in bullish psychology just prior to Memorial Day weekend.

John

As I have pointed out Art Cashin...... knows more about the financial markets than just about an one walking on the face of the earth.......
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To: TobagoJack who wrote ( 100832)5/29/2013 11:40:06 AM
From: John PiteraRead Replies (1) of 100915
the Hi TJ, The JGB's the Japanese government notes have gone from 0.60% in yield to 0 .86% in yield in 3 days..... that would be like us rates going from 6 % to 9% in 3 days.... negative...

We made a new post secular bottom....new high in the $tnx..going fro, 2.91 to over 2.1 % in those same days.

The most accurate cycle work I have seen shows at peak in mass mood on Sunday May 26th..... and Equity markets should make; a top on JUNE 7th (that is the Bradley date... but the Bradley is simply a blended average of models......

JJP


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