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Non-Tech : Kirk's Market Thoughts
COHR 171.02-2.3%3:25 PM EST

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3bar
To: Kirk © who wrote (4281)9/8/2016 5:48:06 PM
From: robert b furman1 Recommendation  Read Replies (2) of 26782
 
Up into options expiration is a good set up per clx and 2cs.

BUT if we have a st rally - this close to ATH - we may never look back and ride the meat of big fat 3 wave that could go for quite a while.

This sideways action for the last 30 -45 days has been basically harmless yet we've accomplished a reset.

stockcharts.com

Look at Macd and how it has held over zero.

In bull markets the surprises are to the upside!

There is a case for an upside break out - besides what all the punished bears will tell you!!

Bob
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