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


To: John Pitera who wrote (10852)12/8/2008 12:14:04 PM
From: Stoctrash2 Recommendations  Read Replies (1) | Respond to of 33421
 
JP...Thanks for the insight as always!

Given the pattern we've had over the last few months I'm thinking sell the news of Auto check being signed. I'm looking at BGZ for a daytrade if that materializes.

Oil is acting nice, be interesting to see how it holds up IF we do get some sort of sell off in the major indexes.

Right now your bottoming call of last week looking DAMN GOOD!
Kudos!

On an economic note: The modified mtg plan isn't working out.
Which brings me back to my thesis that nobody, even the Gov't, can reinflate housing prices.
cnbc.com