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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 659.00+1.0%Nov 21 4:00 PM EST

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To: Jorj X Mckie who wrote (2565)12/22/1998 12:27:00 AM
From: John Pitera  Read Replies (1) of 99985
 
My Bloomberg has the Japanese Nikkei off 329 currently down in the 13800 area. One of 2 things will occur. The Japanese will get their
market under control.....8 years out and why have they not,
or 2) this will have a very large negative impact on us.

Lets wait and see. I know I emailed Cramer about his last week and
he blew it off as not a problem last time I spoke to him, about
problems in asia on Oct 23rd of 1997 he was unconcerned.

Cramer is a Gem of A contrary indicator once one learns to utilize him
as such. He also piles on to a feeding frenzy in a manner which can
make you money as well.

Just my opinion,

John
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