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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Death Sphincter who wrote (62630)	11/16/2000 12:48:42 PM
From: John Pitera	Read Replies (1) \| Respond to of 99985

He was mindblowing with pick of 2700 to occur in Autumn of 1987 10 years in advance. yes I know, just like Chris Carolan, I bought his book in June of 1997, he wrote the damn thing in 1992 and his biggest turning point in the second half of the 1990's was within several days of the July 1998 top in stocks. Bob Hitt had that date nailed, the Bradley Siderograph had it nailed, Martin Armstrong had it with his 8.6 year cycle. Hey even I had it down, just listening to those guys, and seeing the VIX at 17, and the massive bullishness, Cramer was my favorite contrary indicator back then as he was a hyper bull. but Cramer's hit the cover off the ball this year, telling people to sell, sell, sell in late Aug, and nailing the subsequent bubble meltdown in biotech, Network storage, and several other areas. There are people who are smart spend lots of time working with the market and get some impressive results... Random Walk is a joke. But everyone has cycles of performance just like baseball players have seasons of waxing and waning performance. And that is the least discussed aspect of the Markets and life. I can not believe that no one has written a book on it. John