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Strategies & Market Trends : John Pitera's Market Laboratory
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To: da_cheif™ who wrote (18394)9/24/2016 7:28:06 AM
From: POKERSAM3 Recommendations

Recommended By
alanrs
John Pitera
sixty2nds

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You say, "the actions of the past provides absolutely nothing about the future ....history is worthless".

Then you point to actions of the past to support you view.

"since 2000 the broad measure of market activity the VLE has advanced 10 fold......and why has the cumulative advance decline line which bottomed a minor corrective wave in 2000 done the same thing.....these observations transcend any fundamental excuse for not enjoying the mother of all bull markets"
Message 30754214

Your reasoning is about as fuzzy as your math.
"since 2000 the broad measure of market activity the VLE has advanced 10 fold......" On what planet? LOL

Question: There are three things you often say have nothing to do with the stock market. They are the Fed, the economy, and the past. If there is nothing in the past and nothing in the economy and nothing done by the Fed that has any impact on the stock market or reveals any information as to future market movement, why are you bullish?
Just what do you point to when you seek to support your perpetually bullish outlook?
It certainly cannot be global demographics. Even a cursory study of that topic reveals nothing but a bearish outlook for growth in the foreseeable future.
What is it then? Is it just man's natural tendency to be optimistic that makes you bullish? If that is all you have then we must all agree that being bullish is easy, anybody can do it. heh heh It takes no market knowledge, understanding of economics, technical analysis, fundamental analysis or any mental exercise whatever to be bullish. All it takes is a mindless irrepressibly optimistic attitude.

If I am missing something here or have misunderstood your position I wish you would explain.
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