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Non-Tech : Kirk's Market Thoughts
COHR 181.67+2.4%Dec 5 9:30 AM EST

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berniel
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To: Kirk © who wrote (8447)3/18/2020 7:37:34 PM
From: kimberley2 Recommendations   of 26705
 
"This is a whole different debate that I don't have time for now or want to have here now since I'm trying to figure out how to write a newsletter that discusses fundamentals to match resistance and support levels to trade my stocks... when the estimates are now worthless? "


Exactly! How can you determine what p/e to assign a company when you have no idea what revenue is going to be going forward? How can you determine what support might hold when it's going back so far, and when the event that is causing the market to fall hasn't ended yet? This is a very difficult time to make investment decisions. I don't want to buy a stock here, only to see it lose another 20%. Even taking a long view, 20% over time is a big deal.





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