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Non-Tech : Kirk's Market Thoughts
COHR 185.83+5.8%Dec 19 9:30 AM EST
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Jerome
To: Jerome who wrote (573)1/28/2014 6:07:04 PM
From: Kirk ©1 Recommendation   of 26806
 
I think much of it is noise and a skittish market looking for any excuse to take profits after delaying the taxable event last year into 2014.

If any of us said at the start of 2013 that we expected the market to gain 15 or 20%, how many would have laughed at us as being too bullish? Yet the market went up 33% or so... I've also spoken with several that had specific plans to get into the market a year ago, but for whatever reasons, they are grossly under invested for what I recommend and some are too scared to go after a market up 33%... Yet I tell people to look at the 35% gain in 1995 then look at how well the market did in 1996, 97, 98 and 99.... before the big bear in 2000.
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