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

To: John Pitera who wrote (3279)	2/21/2001 8:52:11 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 33421

Well construction usually requires people who are willing to buy that property.. And buying into California these days means buying into the highest energy bills nationwide. It will be interesting to see how this impacts the Nortern Virginia area which currently has something like a 2% unemployment rate and is the equivalent of Silicon Valley East. Regards, Ron

To: John Pitera who wrote (3279)	2/21/2001 12:46:06 PM
From: Daveyk	Read Replies (3) \| Respond to of 33421

Thanks for that insight.Some very good posts today here.I also found it very interesting how bull and bear came about. Best,Dave

To: John Pitera who wrote (3279)	2/21/2001 1:10:22 PM
From: SecularBull	Read Replies (1) \| Respond to of 33421

John, for what it's worth, we're not seeing a slowdown here in Houston. I'm in industrial manufacturing for the petrochemical refining industry, and business is more solid now than it was at the end of the year. I think that Herb Greenberg has been wrong more often than right, and perhaps he's too disconnected from the real world (but not as bad as Bob Pisani). Consumer confidence is waning, true, but industrial production in our area (which tends to be a leading indicator) is picking up nicely. Regards, LoF

To: John Pitera who wrote (3279)	7/17/2001 12:12:50 PM
From: John Madarasz	Read Replies (1) \| Respond to of 33421

John... Just wanted to re-visit an old post of yours with some updated information, since your original post from Feb 20th of this year still seems surprisingly current and apropos... "In the bottom of a bear market,"... "you're going to have two factors: heavy insider buying and investor sentiment that is 60% bearish. Right now there's heavy selling and the sentiment is 60% bullish. My work is suggesting that the decline we're in will be longer than anybody envisions. It's not about rates, it's about consumer confidence." Insider selling update 7/16/01 Message 16086706 Insider selling update 7/9/01 Message 16086967 Best Regards, John