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

To: John Pitera who wrote (19853)	9/3/2017 9:05:25 AM
From: Fintas	2 Recommendations Recommended By John Pitera toccodolce Respond to of 33421

John.. I was attending a party during that time when Crude was peaking in the area you presented. I made the statement that Crude would drop to a safe 37. Upon which one of the guests did the usual and began mocking me. " So you are telling me Crude is going to drop from the 140's to 37. Yup I said. He went on to ask me if I thought I was smarter than X.Y that had Crude going to 200. I said.. yup. Then the cheap shots.. then those who were his friends piled on. Cept tis a funny thing as you note.. Crude dropped below that 37 to make a low. I made a point to copy and paste it to send to the gal who held the party and to her dad who was the friend to the naysayer aka JERK. Tis a funny thing other than the gal....none of the jerks said a word to this day. On an aside off that low I called the up to 110 which peaked to the 116 if I remember and then I flipped to the down but missing it but a wide margin. I didn't think we'd get under 50. Even so down from 110 to the 50 isn't such a bad call. Here and now I've been on record that 70 Brent is coming. Now that's not 200 as some called back off that 148. Nor is it 10-20 that some have called off the lows of Brent. But I put up a chart recently that showed any who were brave and stepped in on the lows of Brent to where it is now have done very well in a reasonable time line. And done it while all of this hoopla re the DJIA/SPX. Which is WHY.. those who read your posts with a view of seeing beyond one sector, commodity etc have the opportunity to exploit in many areas as well as defend where needed. As always a big thanks. I understand the amount of time and energy that is required to not only put up the data but provide color. OH and what's all this noise about a wittle hydrogen bomb. Ya know our defenses can take it out. OR hmm can they. Since I'm long POG.. OK by me. Gold is in a new bull market. The lows are in. BTD's and sit back to watch 1648/1782/1944.....2430/2916/...3000 and? Fintas