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Non-Tech : Kirk's Market Thoughts
COHR 139.28-0.5%Nov 14 9:30 AM EST

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Blasher
To: GROUND ZERO™ who wrote (289)12/17/2013 10:42:39 AM
From: Kirk ©1 Recommendation  Read Replies (1) of 26511
 
It is possible that the S&P futures touching its 50 dma then blasting off was all the correction we will get. Two of the stocks I added to recently on the pull back and am using now as my "leading indicator stocks" just blasted off their uptrending support lines which is very bullish.

I've heard many of these Timers like Garzarelli and Brinker have been bullish for awhile but keep talking about pullbacks so many who follow them sit in cash waiting for the big pullback that never comes. Even on CNBC the past year we hear all sorts of "bulls" talk about buying a 10% pullback... but the market has been so strong they are lucky to see 3 or 4% (I keep tally in my newsletter... here is an excerpt)

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