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


To: Chip McVickar who wrote (2335)6/23/2000 7:34:00 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 33421
 
Good Morning Chip,

I think if AG were ever in a tragic incident that would remove him from his post, I think the markets would probably explode higher... despite the possibility of any rally today, if we have one, I think we're going to see lower levels in the three major averages for a while.....BWDIK

GZ



To: Chip McVickar who wrote (2335)6/23/2000 7:42:00 AM
From: Jack of All Trades  Read Replies (1) | Respond to of 33421
 
Chip,

I doubt the sell off was really about AG, because once announced he was safe and sound, the market would have exploded higher. IMO

Look at the 55/34/21 stoch and you will see the sell from the 20th. Now look that the 21 MA broke 50% yesterday. We go down from here today... Monday is a different story... IMO