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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 3:59 PM EST

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To: Kirk © who wrote (3198)6/18/2015 11:56:05 AM
From: robert b furman  Read Replies (1) of 26766
 
Hi Kirk,

I'm pretty much on the same page as you.

Of the stocks I've sold puts on several have had substantial dips this month.

They now seem to be lifting in price a bit and it will be a battle royal where they settle out.

GSK and HCP have had bigger dips - enough so that the MM can sell at a profit as price recovers in here.

Last month the same thing happened to T.

Cohu and brks seem to be finding support in here as well.

It seems a lot of stocks have softened up for a set up going into earnings.

Don's clx stuff says it is time to be buying and the future offsets will be supportive even in a soft market - let alone new highs as we're seeing in the Rut.

I has been a long nervous grind for the last several months.

As your sentiment charts show - many not on board.

A break out with fast price action will lure the buyers not in and that's the fuel this market needs.

Its been tenuous and nervous - but I think it is a great time to be long.

Bob
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