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


To: Kirk © who wrote (3328)8/23/2015 11:50:57 AM
From: robert b furman  Read Replies (2) | Respond to of 26635
 
Hi Kirk,

Hope you fared well this week.

Hard to find such a fast decline all packed into one week.

Check out the slope on S&P's Macd??

As with sentiment some wildy oversold indicators: Macd, -DI and fast stoch.

Not sure how much the China slow down impacts our international corporations.

This very much reminds me of the reset we endured back in 1998.

The world was slowly recovering and the asian contagion took us down quickly for a year.

I always thought that was a wave 4 with the dot com wave 5 which took us into March of 2000 before we really collapsed.

screencast.com

Bob