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


To: John Pitera who wrote (3439)3/13/2001 3:02:19 AM
From: Yorikke  Read Replies (2) | Respond to of 33421
 
Perhaps, we should ask Upton Sinclair what he thinks of the markets over the last few days.



To: John Pitera who wrote (3439)3/13/2001 8:15:08 PM
From: Carolyn  Read Replies (1) | Respond to of 33421
 
Thanks for posting that, John. Informative and well written.

How are you doing, btw?

(Guess I should have asked that first.)



To: John Pitera who wrote (3439)3/13/2001 11:27:39 PM
From: Hawkmoon  Read Replies (1) | Respond to of 33421
 
Excellent article John... Thank you!!

Btw, anyone suspect that the US Dollar is due to rally from here?:

quotewatch.com

And finally, anyone here thing that Tyson Foods (TSN) might be looking finger lickin' good chartwise?:

siliconinvestor.com

siliconinvestor.com

Tyson's just purchased IBP, and it would seem that this foot and mouth disease is going to put a crunch on available beef supplies worldwide. This should probably create additional upside pressure over the rest of the year and probably make Hillary Clinton a ton of money all over again playing cattle futures... :0)

And I would assume that savvy meat packers might be locking in long-term contracts on beef, pork, and lamb, in anticipation of a further spread of the disease, and crunch on available supplies. This should reap them a nice wind-fall profit, over the intermediate to long-term, since they apparently aren't permitting this diseased meat to be consumed (although not harmful to humans).

And since sheep are being slaughtered by the hundred's of thousands, and potentially millions, the Mrs. actually made the clever observation that we should short wool.

Msybe all of those conversations I've been having with about the market is starting to finally sink in... <VBG>

Buckwheat