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Non-Tech : Kirk's Market Thoughts
COHR 227.06+2.1%2:21 PM EST

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To: #Breeze who wrote (27208)2/2/2026 10:35:56 AM
From: Kirk ©  Read Replies (1) of 27228
 
SLV Bingo 1. Congrats!
Message #27208 from #Breeze at 1/30/2026 10:52:01 AM

SLV Wave Count Update. It appears that Intermediate Wave (3) appears complete at 109.81. This wave started at 16.19. If complete then Intermediate Wave (4) is in play and typically retraces 38.2% of Intermediate Wave (3)'s entire gain. In this case 74.05. If prices fall below that level watch the 50% level. Breeze

Currently SLV is slightly below where I dumped all my shares. I regretted not keeping half when it continued to over $100.... but now if it is headed to 38.2% down... I could buy back in steps if so inclined.

I guess we wait for your 50% level since we blasted through the 38.2% target.

My old way of doing things would be the gap and prior high near $50 back in October.... but in such a strong bull market for stocks and metals and little faith in governments suddenly worrying about deficits when they are in charge... Fundamentals are still good but was that was why I bought in the 20s hoping for $50... the rest is gravy.
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