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


To: robert b furman who wrote (5472)1/26/2018 3:30:41 PM
From: Kirk ©  Read Replies (3) | Respond to of 26421
 
I think we're in agreement. I've NEVER seen anyone anywhere who can call tops CORRECTLY more than a lucky once in a row... so I take lots of profits when things get overbought and enjoy spending some of the $ if they continue.... while keeping plenty to buy any small or large decline.

It is hard to see big declines with so much cash coming back to the US with some slated for stock buybacks from the much diminished supply.... but you never know what Trump and his critics will do to excite something.

I heard on TV that Ackman was laying off 18% of his hedge fund staff... seems he actually lost money or hardly made any in the last few years. Amazing these guys raise such funds with high fees..... good marketing I suppose.