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Non-Tech : Kirk's Market Thoughts
COHR 159.34+18.3%3:59 PM EST
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To: George Statham who wrote (18929)5/19/2024 10:26:45 AM
From: Kirk ©1 Recommendation

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Thanks for the BPISEMI chart.

Speaking of "bang for the buck" with SOX stocks rather than leverage... recall the S&P 500 corrected 5.9%, call it 6%... and the SOX corrected 3x that or 18%.

I sure wish Stockcharts had a way to nudge these lines a tiny fraction to hit the actual calculated correction targets. I could probably expand the chart to full screen and do it but that is a lot of work... so I get "close enough" for most.

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