Kirk's Market Thoughts Message Board

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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: Kirk © who wrote (8293)	2/25/2020 9:13:13 PM
From: robert b furman	of 26766

HI Kirk, Interesting timing. The high negative clx days in later December of 2018 were at the end of the corrective wave ( a wave C). Maybe your October days were the end of the A wave. So the end of Wave A and the end of Wave C were a bit over two months and a week. So in Late April, when earnings come out, for those companies with bad earnings blame Corvid 19 and those that miraculously took care of business, yippee, we're still making money. What I wonder is how many will remember that Corvid 19 was less than what we have annually in the US from our normal influenza season? Could be business is just fine with many companies. I'm thinking we'll not shut down schools for the normal influenza (in my opinion that is what spreads influenza). All of my friends say their kids bring it home. LOL I like the caution, but it so far is huge overkill - pardon the pun.<smile> Just another reason for a much needed correction and reset. Breathe in breathe out. Bob

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