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

To: John Pitera who wrote (4765)	10/3/2001 6:02:48 AM
From: peter n matzke	Read Replies (1) \| Respond to of 33421

John, the chart referenced was created by a person on a yahoo message board, i do not remember who that was. The reference for the data is listed as Barrons but i know the same data is available direct from the Federal Reserve with a one or two week delay. imo the big rise is directly related to the mass infusion of capital that the Fed injected to provide stability to the markets in light of millions of lost security certificates due to the catastrophe in NYC. When the Fed starts to pull the 150+ Billion dollar infusion back out of the market it will cause pressure on all of the equity markets. regards peter geocities.com