Kirk's Market Thoughts Message Board

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Non-Tech : Kirk's Market Thoughts

COHR 134.64

+4.6%

Nov 5 3:59 PM EST

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To: Kirk © who wrote (14418)	8/29/2022 12:11:55 PM
From: robert b furman	Read Replies (1) of 26422

Hi Kirk, Breeze has 61.8 retrace at 39.52.18. He says if it goes below 3945.86, RUH ROH, that was high of 5 of 1 back on June 28th. Breaking a big round number nd the 50 day would surely lather up the bears. Oh they would be so confident. Looks like bottom spotter will activate today. Most bottom spotter activations are quick ( in terms of days 6 to 8 days). 15 to 18 days are very unusual. A dip this week and next would make for a great pay day into the 16th expiration. I think energy is in for another climb higher. I closed out my September 14 and 15's on KMI. For some reason they all got "bot to close" at 00.01. Hoping to sell some puts out into 2023. If KMI trades down to $18.00ish, I'll reload and sell 14 and 15 puts. Always nice when two smart people come up with the same numbers. Crash dat 4 grand eh? Bob

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