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Non-Tech : Kirk's Market Thoughts
COHR 156.67-0.8%Nov 12 3:59 PM EST

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robert b furman
To: robert b furman who wrote (14959)12/21/2022 7:21:56 PM
From: Kirk ©1 Recommendation   of 26475
 
BTW, has anyone pointed out the DOW has just tested from above a very, very major support line? If I look, I think SPX has done the same.

Not often we see a 1-yr resistance-turned-support line get tested from above in such a clean way... almost too clean (especially with mumbles giving a speech on TV to Zelenskyy on my DVR!)

BTW, Mumbles is so FOS.... just like most US leaders on this topic. We don't stand up to bullies unless there is something in it for us. Just ask any of the children working in African mines or conscripted into armies for civil war... they don't have any "laptops" to exchange for arms where presidential and congressional backers aka "arms dealers" can make a fortune... but I think China is in there now getting access to rare Earth minerals and other not so profitable resources.

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