Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 176.27

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2:47 PM EST

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To: John Koligman who wrote (8317)	2/27/2020 5:38:09 PM
From: Kirk ©	2 Recommendations Recommended By berniel kimberley Read Replies (2) of 26986

I posted a chart somewhere that shows the H&S breakdown targeting 25 to 30 for XOM, depending on which neckline you use... so I'd be in no hurry... I used to be too early to "bottom fish" and now I've learned to wait. Also, I have other stocks on my list that should double with fundamentals I like vs. an industry that anyone green or "Berned" wants out of business or punished out of business to finance idiots building in swamps that will flood with warmer temps, even if just from a warmer sun... I've started adding to the the stocks on MY LIST and put out deep sea nets for many potential buys in the next few days as my guess is a Tue bottom before a nice tradable rally. In case it comes early, I have my nibbles. Buffett likes AOC/Bernie/Lizzy types. I checked what he added in the last report and OXY was a biggie... maybe he likes hot air or looks more than their science? I'd probably look there first. It is close to its RED H&S target. (IF WB knew TA, he could have delayed until this year to add...) The bad news is the blue neckline target is well below into the next graph...

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