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

To: The Ox who wrote (3438)	9/22/2015 12:30:25 PM
From: Kirk ©	Respond to of 26634

A turn-a-round Tuzzy (Tuesday) with a higher low after what might be a gap fill would be bullish. I'm not sure if there was an open gap on the 8th but it looks like the chart is making sure. higher low?

To: The Ox who wrote (3438)	9/22/2015 12:41:18 PM
From: Return to Sender	Read Replies (5) \| Respond to of 26634

Not quite a 9-1 down day but as most probably already know a bear market can have numerous 9-1 down days before it ends. I really think we will end up finding a short term bottom in the not too distant future. That said whatever I might buy at that time I will not be holding expecting higher highs. I think 2016 could be pretty awful for the stock market. If the Fed thinks zero interest rates can avoid something that is already happening i.e. a worldwide economic slowdown then they are just plain wrong. At a certain point private investments (I am not talking about buying stocks) rather than government intervention has to be counted on to lead an economic expansion. When we have an actual economic expansion commodity prices will rise. Stock prices will rise based upon actual earnings growth rather than stock buybacks and layoffs that make earnings look better due to lower costs and lower numbers of shares in a stocks float. I still think we are in a Fed induced stock bubble. JMHO, RtS