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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST
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To: Return to Sender who wrote (3422)9/15/2015 10:49:19 AM
From: The Ox   of 26766
 
I have no idea why you wrote this? Would you care to elaborate?

Ox and Kirk, you guys are exactly the same age as I am but when you look at the history of the stock market you seem to believe that there was no history prior to the 1990's.

That's just wrong.


There's a difference between understanding what's happened in the past and making an assumption that history must repeat itself. I doubt Kirk or I have closed our eyes to the potential pitfalls that are out on the horizon. Understanding what is going on now and what has transpired over the course of the last few years is very important and certainly should allow one to adjust their view of the future. Markets are ruled as much by confidence as anything else. Should confidence erode even more than we've seen lately, stocks will have a VERY rough go of it.

I would suggest reading this link in it's entirety and thinking about it's implications on market forces.
Message 30234098

There is a lot to consider about how the markets will react to a FED rate hike, which I believe they will not put off any longer. Even with the difficult global winds blowing in many directions, if the FED does choose to raise rates this month, I would strongly suggest that they see a much more healthy US economy than the media is portraying at the moment.
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