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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Alan Smithee who wrote (41550)6/23/2000 7:10:00 PM
From: Jorj X Mckie  Read Replies (2) | Respond to of 63513
 
Yes, I am aware of GZ's views. GZ tends to pick the direction and commit to it...right up to the point that the market tells him that he is wrong. He was very bullish on the naz this week, the market got bearish, so did he. If it gets bullish again on Monday he will change. Sign of a good trader, but not necessarily the best gauge of the market direction out past a couple of days. John Pitera however is a bit bearish and that causes me some consternation.



To: Alan Smithee who wrote (41550)6/23/2000 11:31:00 PM
From: Lost1  Read Replies (1) | Respond to of 63513
 
Dave, The fact that he is bearish tells me we go up. I think he is a fantastic trader, but he has been consistently WRONG since the year began when it comes to predicting future movement. THe difference between him and most others is that he has an uncanny ability to realize he is wrong very quickly and then he goes the other way in a heartbeat..thus him being bearish looking ahead gives me hope that the bull is alive and well. This is not a slam at him. I have the nothing but respect and can only hope to someday be 1/4 as good as he is now..just an observation from someone who follows his posts