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

To: John Pitera who wrote (19660)	8/4/2017 11:58:28 AM
From: Don Green	Read Replies (1) \| Respond to of 33421

The markets are based on mass psychology and I believe that the angst and concern that you are expressing are a normal and to be expected manifestation of where we are in the investment cycle. I can easily see a 17.5% to 23.5% decline..... that is pretty swift. John My point is AI algos may just be taking a lot of the "mass psychology" out of the market. If by Nov 1, the market is down or was recently down more than 17.5 % percent you deserve all the praise in the world, but if it isn't, I hope you will acknowledge your mistake and do not push the can down the road like is so common in the world of the bears. FWIW Actually, I hope you are right, but wouldn't be surprised if you are wrong. I have a lot of money on the sidelines waiting to big the "BIG DIPPER" when it comes. Best Don