Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

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Dec 9 3:59 PM EST

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To: Kirk © who wrote (3615)	11/19/2015 2:18:48 PM
From: Return to Sender	of 26745

No... I like buying stocks when they are cheap just like you. I'm just pointing out that your post about all the DOW stocks doing well yesterday can't be seen as anything all that great. This is not a broad based rally in the early innings of a new Bull Market. It's actually the reverse. Since the September bottom we have never had a broad based rally. No 90% upside day which would be a clear sign that buyers are really feeling good about the market going forward. Not even an 80% upside day, much less two in close succession, so I don't think anything has really changed. If you are a great stock picker, or pick stocks well in terms of timing your buys and sells, you can still do fine for a while, but ultimately I still see us forming a major top. RtS

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