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


To: ajtj99 who wrote (10639)11/20/2008 10:08:17 AM
From: John Pitera  Respond to of 33421
 
Of course that contrarian in me is a little disconcerted that you, I ... Ben Wobbles etc all sound pretty confident that we've got a turn coming , indeed a botto coming next Tues.... during a holiday light week. But the public never seems to get tired of buying the Friday after TDay rally.....

But...when in truth this global financial system is like a 777 BA coming in for a landing and the plane is already fully on fire and the folks on the EMS teams are wondering could any of them still be alive due to the fire and smoke inhalation....not to mention that since the pilot has gone catatonic...... the darned plane is going to perform a crash landing (highly dangerous) even if every thing goes right.

talking about the future is almost as fun as talking about the weather...... you just don't hear the old maxim brought out often enough.. that with all these people talking about the weather, it's a shame that they are not doing something about the weather.

But Low and behold....our glorious capitalism has actually dispatched that mission to the Chinese, they are spending more GDP than any other country actually trying to Make the weather ( their hugh efforts to seed massive cloud formations to outside of Beijing to create rainstorms to purify the air prior to the 08 08 08 Olympics) a noble pursuit and I'll see if I can find some nice made in China product to purchase this week to lift China up in their weather engineeing exploits.

Next they need to get a HAARP going to see what they can add to our usage and manipulation of the ionosphere....

The High Frequency Active Auroral Research Program
Pioneering Ionospheric Radio Science Research for the Twenty-First Century

haarp.alaska.edu

heck Palin probably should have told Biden in the debate that yes you do have those excellent soft shell crabs in Maryland.....but up in my state we have world class Ionospheric hardware and software in place that can influence group mass psychology through manipulating the ionosphere........

"so say Joe.... do you put butter or
hot sauce on those crabs??-g-"



To: ajtj99 who wrote (10639)11/20/2008 10:26:30 AM
From: Stoctrash1 Recommendation  Read Replies (2) | Respond to of 33421
 
I'm inclined to think as you and JP.
Some sort of bottom any day.

Problem is we just don't have any clue how bad the economy will be 3-6m out, so what kind of bottom will it be?

GE, GM and C getting the toilet treatment.