Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Stoctrash who wrote (3162)	1/12/2001 1:23:44 AM
From: John Pitera	Read Replies (2) \| Respond to of 33421

Fred..glad to see we have you On the reservation-g- Natural Gas looks likes it's topped for the winter the Most active contract (Feb) has put in a double top and this is the month for it to peak 9seasonally) I've been putting in sell orders for the NG stocks in the past couple of weeks, and it makes sense that money will rotate out of them into Tech and other themes for 7-8 to 12 weeks. Buy orders are already in place on things like EOG at their 200 dma. we do lots of stock talk over at the Wild World of Stocks thread and the software stocks that have been mentioned have been relative outperformers the past few weeks. ...........I am leaning to Japan putting in a "W" bottom...... and this is a very minority view. But I was over there looking around for myself a couple of weeks ago, and I even Had Lunch with a school friend of a partner and myself, who is an Investment Banker with MER, developing derivative products for the Nikkei and My overall feel was that this was a bottom and possibly a Wave 2 type bottom for Japan. That's a Monsterously Contrarian call for Japan, but that's what seems to be happening. (And they were appropriately bearish there, which is Par for the course when I was working for Citi in Sydney in the 1986-87 timeframe, I would talk with Henry Volquardsen on the phone from NY and everyone in our dealing room was bearish on the AUD, the AUD bonds, and the overall prospects and what Henry would tell me is "I can not believe how bearish you guys all sound" ...... and at the end of the day our rampant local bearishness was typical for the bottom and Henry and the guys making decisions in NY and Tokyo had a better grasp of what was going on. So thank you HV as I learned an awful lot from you and also I realize that he is more circumspect of Japan than I sound. the Key issue building on the Miniskian perspective is whether the FED will really step on the GAS and supply the massive liquidity that is needed to avert a 1990's scenario vis a vis Japan. I believe that it's the most likely course of action, which is why I think the game could gravitate to commodities and a replay of the inflation theme down the road...... but Flexibility and adapting to developments and change are the cornerstone of Trading/Investment Survival, as well as to the carbon based lifeform evolution on Planet earth........ So I guess that gives us all a Homework Assignment......... -vbg- OK Your Mission If Your choose to Accept It................ Adapt and Evolve.......... Wow ...and all I want to do is watch the weekend Conference Championships and talk to Stephanie..........:-) You're a Simple Creature ........ Ben Affleck to Matt Damon in *Dogma* /

To: Stoctrash who wrote (3162)	1/12/2001 1:24:42 AM
From: John Pitera	Read Replies (1) \| Respond to of 33421

Fred..glad to see we have you On the reservation-g- Natural Gas looks likes it's topped for the winter the Most active contract (Feb) has put in a double top and this is the month for it to peak 9seasonally) I've been putting in sell orders for the NG stocks in the past couple of weeks, and it makes sense that money will rotate out of them into Tech and other themes for 7-8 to 12 weeks. Buy orders are already in place on things like EOG at their 200 dma. we do lots of stock talk over at the Wild World of Stocks thread and the software stocks that have been mentioned have been relative outperformers the past few weeks. ...........I am leaning to Japan putting in a "W" bottom...... and this is a very minority view. But I was over there looking around for myself a couple of weeks ago, and I even Had Lunch with a school friend of a partner and myself, who is an Investment Banker with MER, developing derivative products for the Nikkei and My overall feel was that this was a bottom and possibly a Wave 2 type bottom for Japan. That's a Monsterously Contrarian call for Japan, but that's what seems to be happening. (And they were appropriately bearish there, which is Par for the course ) when I was working for Citi in Sydney in the 1986-87 timeframe, I would talk with Henry Volquardsen on the phone from NY and everyone in our dealing room was bearish on the AUD, the AUD bonds, and the overall prospects and what Henry would tell me is "I can not believe how bearish you guys all sound" ...... and at the end of the day our rampant local bearishness was typical for the bottom and Henry and the guys making decisions in NY and Tokyo had a better grasp of what was going on. So thank you HV as I learned an awful lot from you and also I realize that he is more circumspect of Japan than I sound. the Key issue building on the Miniskian perspective is whether the FED will really step on the GAS and supply the massive liquidity that is needed to avert a 1990's scenario vis a vis Japan. I believe that it's the most likely course of action, which is why I think the game could gravitate to commodities and a replay of the inflation theme down the road...... but Flexibility and adapting to developments and change are the cornerstone of Trading/Investment Survival, as well as to the carbon based lifeform evolution on Planet earth........ So I guess that gives us all a Homework Assignment......... -vbg- OK Your Mission If Your choose to Accept It................ Adapt and Evolve.......... Wow ...and all I want to do is watch the weekend Conference Championships and talk to Stephanie..........:-) You're a Simple Creature ........ Ben Affleck to Matt Damon in *Dogma* /