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


To: John Pitera who wrote (7924)6/7/2007 10:49:59 AM
From: Terry Whitman  Read Replies (1) | Respond to of 33421
 
Hi John,

How the heck are things going? I didn't think anyone
cared what the cycle was here. -g-

It appears that we are in the 3rd and final phase of the cyclical bull market that began back in 2002-03. I didn't expect it to last this long, but hey, we'll take it. Maybe it ends this fall- maybe it 's ending now- but I doubt it.
The A/D line still looks good, and prices are near ATH's. We may get to ride this bull for a bit longer.

I don't have a lot of individual bets out now- but I do have some interest in a Chinese market ETF. With 300,000 plus new equity accounts rolling in daily, I don't see how they can keep that market down for long. Of course it will end badly, but we'll cross that bridge when we get to it.

Everything going OK at the Pitera's?

TW