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


To: John Pitera who wrote (553)3/23/2000 1:09:00 PM
From: napoopoo1  Read Replies (1) | Respond to of 33421
 
John, Thanks for the nice charts. Interesting! Best wishes, N1



To: John Pitera who wrote (553)3/23/2000 1:37:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
John,

Again your charts are excellent.

Your charts paint a provocative picture and clearly show the trend should be for strong markets into the election.

>>Being bullish on these markets has continued to pay off.<<

Yup..., been a bull for a very long time and will continue to be until something significant alters the market psychology. I expect it to continue along with the entire demographic and sociological changes taking place as the world becomes more democratic and completely wirered. Henry has agreed on this....where is he..?

The international monetary scare was the only significant event in recent years to break and threaten this positional bullishness.

Maybe Japan will provide the next impetus for any fear...?

If Japan crumbles at any time....then take out a good 30% from the top of world markets.

If Bush and the Republican agenda is elected....there should be higher inflation and higher rates?

Chip

ps.[I think I called this bull move way back on the 15th, but haven't traded it very well.....! Quess I didn't believe it.] <<smile>>



To: John Pitera who wrote (553)3/23/2000 1:55:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 33421
 
Thanks for posting that interesting statistic about the last 7 election years and the markets' reactions... BTW, the DOW 11,100 is fast approaching, but I think any resistance at that level will be quickly overrun after a brief market hiccup.....

GZ



To: John Pitera who wrote (553)3/23/2000 2:31:00 PM
From: GROUND ZERO™  Respond to of 33421
 
John,

Okay, cancel my last post to you about resistance at DOW 11,100... I've just received word from a reliable source that the word 'resistance' has been summarily removed from Webster's Dictionary.....<g>

GZ