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


To: IndexTrader who wrote (766)4/4/2000 3:37:00 PM
From: John Pitera  Respond to of 33421
 
Art Cashin, Had an interesting pt. that Tuesday's can be
big bottoming days. The Market bottomed on a Tuesday in
1929, 1987, 1962 ( the Kennedy-US Steel 30% decline)
the 1997 and 1998 lows. (I need to check 1998)

Art is a really classy guy, and really sharp on the market
and market history. I think I used to get research notes
from him in the first half of the 80's from MER.

I remember Steve Shobin was definitely at MER back then and
he did and still does really great work as well.

gee that was a quick 80 pt rally in the SPX... is everyone
still strapped in?

-vbg-

John