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


To: GROUND ZERO™ who wrote (329)3/7/2000 7:22:00 AM
From: robert b furman  Read Replies (1) | Respond to of 33421
 
Hi GZ,
Thanks,I'm sitting here all cash,watching A jump 50 points.Johns awareness of sonet systems has intro'd some stocks that are just plain parabolic.

This is an amazing market where all of the past money made is rushing in to a few HUGE MOMO plays.

It is scary to compare todays market to past markets.I fear what a correction will look like when this momentum reverses and fear replaces the greed.

I don't know when it hits or why - I - just know that sooner or later it will. Why - because it is a market.

I for one think there will be some pretty strong withdrawals needed for the tax man this April 15th.Pre-announcements should come in March 20 thru April 10 (with a negative bias ). It also appears to me that a strong "buy the rumor move is close to a plateau".

Are you trading in the speculative players club yet?

Wish you the best

Bob