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Non-Tech : Kirk's Market Thoughts
COHR 142.85+2.1%12:54 PM EST

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To: #Breeze who wrote (19871)8/15/2024 10:36:23 AM
From: Kirk ©1 Recommendation   of 26502
 
Thanks.

I've been going through my sentiment charts I updated last week at

Kirk's Market Thoughts: Kirk's Latest Investor Sentiment & Other Charts (kirklindstrom.blogspot.com)

I can't get into the AAII site but many of the others have pulled back enough to say this rally could have nice legs.

Generally, a pullback over 10% for bulls over bulls plus bears of II Sentiment can be enough to reset sentiment and launch the next rally... Of course if we fall into a bear market with a recession, it will get much lower into fat pitch territory, but that isn't the current prediction.

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