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Non-Tech : Kirk's Market Thoughts
COHR 178.34-10.2%Dec 12 9:30 AM EST

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To: robert b furman who wrote (6514)1/8/2019 2:48:12 PM
From: Kirk ©1 Recommendation

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isopatch

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I took some profits on my biotech fund I trade. Nice gain over 10% since I added on 12/26/18. That will get me back on house money while the market tests this major resistance level.

Check sentiment and stuff like clx, and a pullback into options expiration would make sense to reset and let me buy the shares back. I already took profits on the small biotech stock in my newsletter after a huge gain (Added at $1.75 and took profits on a bit over half at $3.00 and still have shares bought at $2.75... ) and it continued another 10% higher so there is loads of momentum there... but bulls and bears make money and pigs get slaughtered.

I'd just hate to let a good rally go to waste without some profits to recycle if we get a good decline, perhaps after Trump talks tonight.

Oh... and SPX tagged and is right below a major resistance line....

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