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


To: Chip McVickar who wrote (6247)10/8/2018 9:36:43 AM
From: robert b furman  Respond to of 26783
 
Hi Chip and Kirk,

Good to hear you posting Chip.

Utes have done well - even T which has had a dip to 30.13 on7/25 ( time warner acquisition noise is about to sneak up over 34.00.

Energy now profitable, interest rates up so financials should have good earnings plus corporate tax rate cuts.

What's not to like and buy the dips when they give you a chance!

Aydis should go negative today = buy zone is on!!

Could well be seeing the 4 and 5th wave of a corrective C wave ending up??

Now onto earnings and then the election, now less than 30 days off.

Sure would be something for an election Rally like we had in 2016 to repeat in 2018.

Gardens done - last batch of Salsa was made Friday and horseradish was made Saturday.

Time to relax and get ready to live in a tree starting November - organic meat from my woods = deer hunting.

Bob



To: Chip McVickar who wrote (6247)10/8/2018 11:16:13 AM
From: Kirk ©  Respond to of 26783
 
Thanks for the SPX targets and good to hear from you! I've been swing trading individual stocks.

I'm well and doing same old same old.... Loads of windsurfing then eating more calories than I can burn off.

Last night I saw the Falcon 9 SpaceX rocket take off from Vandenberg, 200 miles to the South. I posted two live videos on my facebook page. I am 99% sure that is the first time I've actually seen a rocket live with my eyeballs enter space. Well, I saw the light... it was too far away to actually see the rocket itself.

John P. Hussman is a fund manager was one of the few who were accurate for the dot com meltdown and I believe crushed the markets going into the financial meltdown, but remained bearish and I believe hasn't made money for one or more of his funds since the 2009 bottom of a generation. Da-cheif is always ragging on him.

I have a problem with Utes... the one here is a convicted criminal organization out of a recent bankruptcy and it seems they may be at it again causing some wildfires after causing meany deaths from a NG pipeline explosion and fire that I could see smoke from while windsurfing a few years ago... just too political for my taste.



To: Chip McVickar who wrote (6247)10/10/2018 12:54:00 PM
From: Kirk ©1 Recommendation

Recommended By
toccodolce

  Read Replies (2) | Respond to of 26783
 
Gotta love how sentiment collapsed!

Fear and Greed index is below 20!

I also track State Street's index and it was at something like a 5-year low for equity allocation as of the last reading.




To: Chip McVickar who wrote (6247)10/29/2018 9:24:40 AM
From: Chip McVickar  Read Replies (3) | Respond to of 26783
 
As mentioned earlier here back in September...
" My targets for-what-they're-worth-to-you are 2850 - 2820 - 2750 - 2680."

2680 cash SPX... this was breached decisively on Oct 26...
So that impulse down is complete...

Today... another spiral pattern is now in place taking us into another window around Nov 21st to Dec 6
So... taking out 2680 determines what will happen into this other window for any trend in place to be reversed.
Few more days should give a clearer picture as to where a low is in place or price will continue down.

I feel we will see lower numbers and will post those numbers at some point.
Chip