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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (2229)11/4/2014 3:28:29 PM
From: Kirk ©  Read Replies (1) | Respond to of 26722
 
BTW, anyone aware of "Three White Soldiers?" Check the LAM chart in the post I'm replying to at the close today...

stockcharts.com

Three Black Crows: A bearish reversal pattern consisting of three consecutive black bodies where each day closes near below the previous low, and opens within the body of the previous day.



Three White Soldiers: A bullish reversal pattern consisting of three consecutive white bodies, each with a higher close. Each should open within the previous body and the close should be near the high of the day.



Disclosure: I have auto sell profit taking levels at my broker and for my newsletter subs that may hit if this parabolic rise of late continues....



To: Kirk © who wrote (2229)11/4/2014 3:37:09 PM
From: kckip  Read Replies (1) | Respond to of 26722
 
Each day should close near the high (or low for crows)....looks more like a bearish advance block to me....



Bearish Advance Block

or deliberation..... Bearish Deliberation



To: Kirk © who wrote (2229)11/4/2014 3:41:42 PM
From: robert b furman  Read Replies (1) | Respond to of 26722
 
Hi Kirk,

Safe to say 23 baggers are rare and far apart.

Do me a favor when and if you sell those, have a smile on your face like you just saw an old friend.

They have indeed been good to you.

Lam buying Nvls and amat buying vsea were really turn around points with in the semi sector.

Much like the merger between KLA and Tencor back in the late 90's.

It showed rational thionking vs margin compression for the insane goal of market share.

It is a good thing for a few firms to enjoy the challenge of being the best and then being rewarded with margins that allow one to succeed in a fine fashion.

That accelerates R&D and the continuation of Moore's law.

Always nice when a stock in one's portfolio hits new ATH's.

Congrats !

Bob

Bob