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Non-Tech : Kirk's Market Thoughts
COHR 139.51+2.9%Nov 21 9:30 AM EST

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To: Kirk © who wrote (15413)2/22/2023 9:30:12 AM
From: robert b furman  Read Replies (1) of 26590
 
Hi Kirk.

My bet is it tanks much more below $25.00.

The only saving grace is they don't have the large portion of dividend income buyers like T or KMI had.

I dumped mine in premarket at $25.90.

Checked to make sure they were all short term loss, which they were.

Now to not screw up, and get a wash trade.

Breeze gave me a chart that said 9-ish and change was possible.

Big mistake not heeding Breeze's charts!

I just once again paid tuition to my continuing "lessons of life".

Never expected perfection nor have I achieved it. <smile>

OH LORD, it is hard to be humble. LOL

3 day CLIX and PPP have taken an extreme negative level with the 10 and 30 day yet to go negative.35EMA turned NEGATIVE AFTER YESTERDAY'S CLOSE.

Per Joanne's noted climate change to RED has occurred.

That suggests to me this market goes down for longer. Some reliable supports I've seen go to 3950 to 3980 ish. I'm watching the spreads on the 10 day CLX and PPP plus the 35 EMA as well as AYDIS. Looking for a 3-3-5 or 5-3-5 ABC corrective wave. noting Aydis spikes and PPP averages will lead.

Time to cast those nets and let them sink a little longer.

Bob
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