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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: jjs_ynot who wrote (221)2/27/2000 9:45:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 33421
 
Hi Dave,

Boy oh boy, were we ever wrong about that buying opportunity...<g> I think, at best, the DOW could try to test 11,000 and the SP cash could try to test 1400 once again... I think, under the present market climate, they would probably be great shorting opportunities if they ever get up there... I would think that if these markets did rally to those points, the question then would be at what point in the trading cycle would those prices occur, time itself is very critical here... if they reach those levels when the cycle is due for a top, then it would be ideal... I'm going to watch and wait.....

GZ