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

To: robert b furman who wrote (18740)	2/14/2017 7:50:46 PM
From: 3bar	Respond to of 33421

Looks like you found the way rob . I went the speculative root . Up and down regular pain in the but being down . Takes too long to get good at it and by the time you do you got grey hair . Unless your like Jessie Stine think he lost it all 3 times . Imagine that with wife and children ! microcapclub.com

To: robert b furman who wrote (18740)	2/15/2017 1:10:54 AM
From: The Ox	2 Recommendations Recommended By 3bar Hawkmoon Read Replies (1) \| Respond to of 33421

Debt is a very useful option for many businesses and, depending on the circumstances, it can be necessary for individuals. If you borrow money and create or fund a business that makes a substantially larger yearly return with the added capital than it costs to service the debt, it makes a ton of sense. Similarly, if you get a mortgage on a home that was purchased at a discount or one that is in the right location before the area appreciates in value, then it's another "no brainer". Excessive debt, on the other hand, is what will ruin a company or an individual. "Stay out of debt" is a solid recommendation but it's always the proper choice, IMO. Limiting debt so that there is light at the end of the tunnel, so to speak, is always a great idea. Margin works great for day traders and is often a killer for those who don't know what they are doing or for those that haven't considered the true risks involved. As far as the rest is concerned, I agree with most of what you are suggesting!

To: robert b furman who wrote (18740)	2/15/2017 9:01:27 AM
From: 3bar	Read Replies (1) \| Respond to of 33421

Bob do you ever try to catch a top and buy those dividend payers back on a da_cheif special ?

To: robert b furman who wrote (18740)	2/24/2017 3:22:49 PM
From: John Pitera	2 Recommendations Recommended By robert b furman roguedolphin Read Replies (1) \| Respond to of 33421

The USD index is currently dead in the water as it has huge crosscurrents... the same came be said for the EUR/USD and it's by far the largest weighting in the USD index. The USD has a positive tailwind with positive interest rate differentials (higher short term interest rates in the US compared with the ECB, Japan, several of the Scandinavian currencies etc. The USD broke above it's 2 year highs of 100.71 and 100.60 and made it up to 103.82 area before falling 400 basis points and then having a lackluster corrective rally that is currently stalling at it's 50% retracement. One might have expected a stronger USD performance when it broke out above the 2 year resistance zone.. However, in the bigger picture the USD Index hit it's major .618 retracement at as it got to the 103 level from the entire bear move down from the 120.22 high in 2001 to it's bear market low of . The Euro which started the year at 1.04 has also had a 400 basis point move up to the 1.08 are and has fallen back to the midpoint at the 1.06 level. Gold and silver continue to rally and wouldn't you know it GOLD is at it's 50% level of it's decline since July of 2016. and the 10 year note and 30 year bond have been rallying in price and declining in yield, at the same time It will be interesting to see if the Japanese Nikkei breaks down out of it's symmetrical triangle..... POTUS's address to the full session of Congress.... shall it be a binary outcome.... which provides additional animal spirits for the stock market and risk assets generally or be short on specifics and disappoint the voters and investors. The administration should do the brilliant move and put tax restructuring both corporate and personal as the #1 priority and put together a package that can generate 3+ % GDP growth... 4 % would be excellent and would enable other possible things to be done later this year. Special priority should be made to enable US companies to repatriate the Trillions of Dollars of Currency reserves held overseas. I believe the number is probably more like 4 plus trillion dollars. If I were talking with Trump, Bannon , Wilbur Ross or Steven Mnuchin I would emphasize that congress repeat what they did in 1986. Which was a *1 time offer for US corporations to repatriate USD from overseas at a .0625% tax rate which is what they did with Reagan as President and Tip O'Neil heading Congress.* It can even be promoted as the coming together of both parties in the same way* that those 2 political titans of the 1980's did in 1986.* Possibly put a few stipulations that the money can not go for stock buy backs and instead be used for capital asset expansion projects. The administration should shift priorities and make tax restructuring #1 and get it done and then move on to adjusting the ACA, which is a quagmire and the numbers are not going to add up with the added benefits of pre existing conditions and kids able to stay on parents insurance until the age of 26. John