SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts
COHR 168.99+2.5%1:50 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
Recommended by:
toccodolce
From: Fintas9/20/2014 7:54:40 PM
1 Recommendation  Read Replies (1) of 26676
 
FNSR 18 ish.. AIG 55 ish JDSU 13 ish

Let's see what a closer look revealed.

No question that off the bottom AIG did well. And keep in mind ol Bruce is a bottom fisher.

Here and now it's got apprx 5-10% up and 20-30% down.

The insurance sector which is now at 70 and change is on the verge of turning over. The momentum for that sector sold off 15 this past week. More downside should be expected and there's lots of room to go lower.

So whether the sector bounces a bit or not to push to 72, when the number 68 for the sector is hit. Say hello to the 40's for AIG

FNSR and it's been hit but the downside is limited and maybe 5-10% if that.

However once that is done the flip back UP.

JDSU and it's very close to turning positive on it's RSI.. And once that occurs then one can look for a possible 50%.. HMM AIG offers near term up 10% and down 30%..

Jdsu can dip a bit but it's a b t d and that downside might be 12.42.

Long term I can see doubles for JDSU and FNSR.

AIG.. And it's the insurance business and it would not take too much for it to drop into the 30's. Here and now using the 4.86 value box most should see 43.. Whether it pushed to 58/63 or down from were it sits.

Now Bruce can use my info if he wants. SMILE

On an aside it's very possible his fund couldn't take 48% of JDSU or FNSR.. Just a wittle detail when considering numbers. Wonder if BUFFET could take 5 B of JDSU as he did with IBM. And that was just a 1.5% ish for him.

Just saying
Fintas
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News