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Non-Tech : Kirk's Market Thoughts
COHR 132.000.0%Nov 3 9:30 AM EST

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To: Kirk © who wrote (14193)7/27/2022 4:42:23 PM
From: POKERSAM4 Recommendations  Read Replies (2) of 26398
 
4039.56 was today's high and added one more gasp to this wave 2 that has lasted 10 trading days.
This wave 2 up correction has had a couple of opportunities, EWP speaking, to end but has been persistent.
You correctly remember me saying 4100 Is very significant because it marks a point that wave twos would rarely cross in their retrace of wave 1.
IMO The downtrend will now continue. It should be dramatic since it is a wave 3.

Wave 3 down should take us to at least 3297 and should begin right away.

Nothing has changed in my long-term outlook which you referenced.
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