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Non-Tech : Kirk's Market Thoughts
COHR 164.29+6.7%12:59 PM EST

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To: Kirk © who wrote (3432)9/21/2015 2:22:54 PM
From: The Ox  Read Replies (1) of 26635
 
In the past few weeks, almost all the commentary from oversea analysts are saying short US equities and go long Europe and Japan.

We'll see soon enough whether or not that is the right approach for the next quarter or 2.......

I think many of us knew a correction was likely (and possibly flat out needed) in US equities.

The great bear market that many are predicting seems far fetched to this observer, not that it can't happen but I don't think we are seeing anything more than nervous investor reactions after nearly a year of sideways movement in US major stock market indexes.....

China being the "big bogey" on the horizon that will suck the world down the drain is NOT a given to this observer!

Having said all this, respect the trends. If all hell starts breaking loose and we get a sustained period of down hard, then we must acknowledge that more is going on behind the scenes than is visible to the press/public.
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