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Non-Tech : Kirk's Market Thoughts
COHR 131.91-0.6%Oct 31 3:59 PM EST
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To: Kirk © who wrote (13635)5/8/2022 2:07:50 PM
From: POKERSAM  Read Replies (3) of 26388
 
Wow! It appears he is making a lot of money. I have never really looked at his sites and have no idea what his forecast may be. If he is calling for a bottom soon, he is wrong. I don't care how much money he is raking in; he is wrong. I don't look at other Elliotician's work. I do not want that to influence my own work.

Being bullish is easy, anybody can do it. Optimism is the natural state of man. Farmers, builders, hunters, fisherman, entrepreneurs, and all the rest of humanity does what it does with an optimistic view that there will be a reward for the effort. A bullish slant to forecasting is the bread and butter of the big money analysts. They all have a bullish slant. Some are out right perma bulls. They are never negative.
Why would it not be so?
It is a fact that a long term chart of the market travels from lower left to upper right.
It is a fact that every market correction in history has been followed by a recovery and a move to new all time highs.
If nothing else a consistently bullish slant is more palatable to the generally optimistic masses and will always eventually be right. As one perma bull stated, "If you want to be king of the markets stay bullish."

Let's see if we bottom "soon" and then launch to 5500. I do not think so.

I am bullish at times and bearish at times. Right now, I am short term, intermediate term and long term bearish.

Short term changes often, intermediate term changes less often and long term changes even less often.

I can have a short term target of up 100 points and an intermediate target of down 400 points and a long term target of down 2000 points. If I believe that is correct I can say so. I don't have thousands of people to please.
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