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

To: John Pitera who wrote (3286)	2/21/2001 9:33:14 AM
From: John Pitera	Read Replies (1) \| Respond to of 33421

The Bull and the Bear: Ever wonder how they came up with the bull and bear as symbols stock market cycles? In the middle ages in Europe, they would have festivals with bull and bear fights, where the spectators would bet on who would win, presumably when this crowd went on to engage in trading commodities and then stocks, these colorful icons were remembered. Also a bull attacks by coming at it's victim low and thrusting him up, while a Bear rises up to great his adversary and pounds down on him.

To: John Pitera who wrote (3286)	2/21/2001 9:49:29 AM
From: Hawkmoon	Read Replies (1) \| Respond to of 33421

Hey John... just saw your post... I think the 2270 number may have been the truly important one... and we came very close to hitting it this morning. (2279) Now we seem to be seeing a strong rally in Nasdaq off that point. Double Bottom... or just one more round trip ahead to Nasdaq 3,000? Regards, Ron