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

To: Chip McVickar who wrote (3743)	1/22/2016 3:42:15 PM
From: Kirk ©	1 Recommendation Recommended By Fiscally Conservative Read Replies (2) \| Respond to of 26780

Always great to have your valuable posts here. Looks like it came a bit later than we thought. I had some jump into nets on that flush down day. If it is "a major low" then my butt will get sore kicking myself for not chartering more boats to toss more nets! ROAR! How did your charts hold up?

To: Chip McVickar who wrote (3743)	2/11/2016 4:54:49 PM
From: Kirk ©	Read Replies (5) \| Respond to of 26780

For years we heard how the market hasn't had a 10% correction. Now we've had two corrections over 10%.... in less than a year. Almost close enough to be a compound double lows... Sentiment and yields not down to 2008/9 lows but the lower lows for 2015 and 2016 seems very similar to the 2008/2009 lows INCLUDING how some stocks I bought at the 2015 low are up considerably (sector rotation or good Alpha) just as they were for the 2008/9 lows.... (and I believe we saw the same for 2002/3) This may backup my hunch that we are ALREADY deep into a bear market but with rates so artificially low, the yield seekers and holding up the averages to merely a 15% declines... The thing that scares me the most about this chart is how the dashed yellow line was tested from below and collapsed. We saw a similar collapse in 2008 even as pundits called for rallies to new highs.