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Non-Tech : Kirk's Market Thoughts
COHR 181.67+2.4%Dec 5 9:30 AM EST

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To: Kirk © who wrote (3283)8/6/2015 10:48:52 AM
From: Return to Sender  Read Replies (1) of 26720
 
Everyone has an opinion on what the market is doing. You might be right that any top in the market may be nearly impossible to call. I of course am of the opinion that one is already forming.

Using a single stock like FNSR to suggest the market bottomed last year is completely inadequate. FNSR is not a component of the Nasdaq 100 so looking at the BPCOMPQ would be more representative. I don't even see a bottom in the Nasdaq in 2014 because the market hardly sold off at all.

Sure maybe FNSR has a bottom but that was a company related event not at all related to the overall market:



What semiconductor stock were you trying to add shares in that moved so rapidly upward?

RtS
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