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Non-Tech : Kirk's Market Thoughts
COHR 154.52-3.0%3:59 PM EST
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To: Kirk © who wrote (5473)1/26/2018 4:29:43 PM
From: robert b furman  Read Replies (1) of 26439
 
Well you've set the bar for selling into strength.

I'm more a hard head and can patiently wait for the parabolic obvious run that goes up like a rocker in an unsustainable trajectory.

I've seen it several times in my life.

I have tried to do more selling AND BUY IT BACK ON THE DECLINE - At least it pays you to pat attention.

Things like Macd rollovers and stochastic spikes are typical timing aids.

So far this run up has not punished me by lost positions.

That being said - it is hard to find big premium in most stocks with their puts.

Only watchers now are KMI and HCP.

I have some house projects coming this spring, since I bought Mom's house here in Wisconsin it is 51 years old and in need of a basic redo as much is at it life's expectancy end.

Roof, siding, windows, excavation with outside lights and a new garage for Implements.

Interior redo and my wife's insatiable desire for new furniture vs my Mom's 40 year old heir looms (keeping the 100 year heirlooms).

So it will be expensive and busy as I try to General Contract all the work.

This market has been a blessing, as I'll peel off some gains vs spend some savings.

Life is good and it is nice to know it, vs. say I blew it.

Have great weekend and thanks for the heads up on the football.

Bob
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