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

To: Raymond Duray who wrote (6308)	6/25/2002 8:38:50 AM
From: John Pitera	Read Replies (2) \| Respond to of 33421

Ray, if the DJIA goes to 400 as Bob Prechter predicted it will several years ago, it does not matter in terms of two key points here in the lab. 1) We Have certain levels of Decorum here at The Market Lab. 2) We've also researched Geopolitical and economic history more thoroughly than just about anyone we know of. I know of 2 other people on SI who actually have really done there home work on economic history, the rise of the Merchant State. The evolution of Banking Families since the middle ages, the Model of the Banking House of Medici in Genoa in the 16th century. Do some reading in books. I have a library of books on banking, history, political and economic history, as well as on the history of warfare. Anyone who tries to understand or explain the present without a thorough understanding of the Past is chasing the Shadows that fools create. Now enough pontificating. a reading assignment. I was lucky enough to be able to drive with Bill Meridian from Manhattan up to eastern Conneticut to a meeting of the ..... Group where I purchased a number of books back in early 1988. one was this one and it's certainly worth getting and reading. --- The rise of the House of Rothschild by Egon Caesar Corti (1929) get it and read it if you want to discuss geopolitical matters. And that's not the only required reading material to be able to get a passing grade on Geopolitics in this class. It's possible to pass this class, but it requires a fair bit of time, focus and attention to detail. The exact same is true for the study of cycle analysis. 'nuff said. John