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

To: John Pitera who wrote (3388)	3/7/2001 1:18:09 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 33421

Every time I look at this bond chart I see a fork with a median line looking at 101^18. I'm not convinced that isn't more likely until the upper tine of this fork is broken. digisys.net Also, I'm a sceptical bull and wonder if all the pieces will come together for a buyers market. 1] better news from tech stock inventories 2] better news from internet related companies 3] better news from blue chip and large cap stocks 4] interest rate cuts 5] lower oil prices 6] bush tax cuts delivering favorable returns 7] etc Just as the Nasdaq had repeatedly ignored negative influences when moving up in the buying mania. The inverse pattern can now be observed during the selling mania. A habitual non-reaction to either decidedly bullish or bearish news is almost always a sign of a very strong trend, in this case southwards. Times running out for the buyers trend.