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Non-Tech : Kirk's Market Thoughts
COHR 131.96-0.6%Oct 31 9:30 AM EDT
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To: POKERSAM who wrote (13640)5/10/2022 10:26:43 AM
From: Kirk ©  Read Replies (1) of 26382
 
From a Cramer email to attract subs...
David Tepper — forced sellers often equals bottoms. Yesterday, a huge number of forced bottoms. This sell-off began in November when we pulled out of the intangible and went for the tangible. The hedge-fund manager is now covering shorts in the Nasdaq, a buyer if the S&P falls to 3,600 to 3,500. The index dropped below the 4,000 level Monday, its lowest level in more than a year.
It would not surprise me if he starts buying sooner...

Looks like he's on the 50% and "reasonable PE with higher rates" retrace boat

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