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 170.45-2.6%Dec 17 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kirk © who wrote (6477)12/30/2018 7:48:10 PM
From: Chip McVickar  Read Replies (2) of 26784
 
the lower green tine is obviously in play... and price blew right past its median line (no attraction) and now price is very near the 1/3rd divisor between its median and lower tine

so the question is what support or gap or fib would draw the market down that far to the lower tine...?
today it is holding onto the deep-red lower tine...?

a magnet attracts and then repels - will price be pushed be higher or lower off the deep-red lower tine...?
to date the markets reaction was very strong off the median line of this deep-red fork... and price broke the orange lower upward tine as well

time is the most important element and nothing to date tells me we've seen a bottom

btw... friends of mine are off for a month on the baja peninsula for kite surfing on the gulf of california...
ever been down that far to enjoy your passion... they say the winds are superb...?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext