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Strategies & Market Trends : John Pitera's Market Laboratory
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To: isopatch who wrote (17116)7/21/2015 9:18:33 PM
From: John Pitera3 Recommendations

Recommended By
isopatch
mary-ally-smith
roguedolphin

   of 33421
 
The IBB index is looks like it's reach a 4 standard deviation above it's 200 DMA

We have 5 stocks that add up to $2 trillion dollars of market capitalization. We have the type of momentum
stock market valuations and market action which is occurring that has in my estimation last occurred in
199-2000 and then you have to really go back to the wild go-go market of 1967-68... where the top 10 stocks
appreciated 10,000 % and all were over bubble stocks that were out of business by 1972.

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