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


To: Logain Ablar who wrote (5348)1/4/2002 9:51:00 AM
From: John Pitera  Read Replies (2) | Respond to of 33421
 
Hi Tim, I hope you and everyone on the thread had a happy New Year Holiday.

I've been impressed with the predominance of pessimism On SI and elsewhere, over the past few months. What's been interesting is that every time the SOX, the BKX, the NASD, has a few down days and looks like it should break down, it then has stopped and another rally has started.

Ed Yardeni has a good stock cycles PDF on his site.

www.Yardeni.com that shows how from several different angles the Sept 21st low was a low of a more meaningful intermediate turn magnitude.

John