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


To: Kirk © who wrote (6246)10/7/2018 8:09:10 PM
From: Chip McVickar3 Recommendations

Recommended By
Celtictrader
Kirk ©
toccodolce

  Read Replies (4) | Respond to of 26769
 
Kirk -

Never heard of John P. Hussman - but that's not surprising - I'm a very independent market technician. So I couldn't comment on his bell ringing.

IMO... and off my Time Forward Pivot work --- a window opened between Sept 25th and Oct 5th - using the SPX cash charts - for a trend reversal as posted on GZ's thread.

We should see a sell-off harder then most expect - most likely the pros will take advantage of the atmosphere while everyone else is trying to figure out interest rates, strengthening dollar, etc - to make some lunch money on the down side. My targets for-what-they're-worth-to-you are 2850 - 2820 - 2750 - 2680.

BTW... Old fashioned utilities have done well - fun chart to swing trade and relatively stable interest returns.

Yes, doing well... thank you for asking - I hope the same for you.
Chip