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Non-Tech : Kirk's Market Thoughts
COHR 170.45-2.6%3:59 PM EST

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Kirk ©
To: Kirk © who wrote (3771)2/19/2016 9:57:30 AM
From: Chip McVickar1 Recommendation   of 26783
 
On the low of Feb 11 -- dow close of 15660.18 -- every single one of my spreed sheets recording the weakness and strength of the dow jones -- clearly showed the market was over sold -- this didn't happen on 20th of Jan low

Also if one looks carefully... the close of Feb 11 was a lower close then all the lows going back to early 2014

So I bought with a long-term position trade type mentality...

My mental stop is in place below the 15450 --- and I remain hopeful a sustained move higher is possible either next week or in the first part of March.

I hope you've been reading Martin Armstrong's blog

Thank you very much for the complement
My Best,
Chip
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