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 151.68+8.7%Nov 24 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sam who wrote (3370)8/31/2015 11:18:53 PM
From: Return to Sender  Read Replies (3) of 26612
 
I would like to see more bears than bulls in the II Poll. Last time that happened though was in 2011. I don't know for sure that it will happen but you are right in that it could happen pretty quickly.

Not unless we see lower lows than last Monday though. Futures down again tonight:

bloomberg.com

cnbc.com

Keep in mind I am not expecting the market to sell off much harder than it has already. It could... I would not rule out a bear market... but I think the selling last Monday set a high enough high in the VIX and rotten enough market breadth to begin the bottoming process.

Anyway, time will tell.

RtS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext