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

To: POKERSAM who wrote (6490)	1/2/2019 10:29:49 AM
From: Kirk ©	Respond to of 26421

Thanks for the update POKERSAM As expected we go down in (v) of [iii]. Target is at least 2340. We're at 2489 now so you're looking for another 149 pts down or 6% "at least" from here to reach 2340 and test the low. Doing so on lower volume would be bullish while breaking on volume would be bearish If the past has any predictive value for the future, the bottom is probably in because my stocks, that lead early in the cycle, probably due to their higher growth and volatility (thus higher ability to make profits and not pay a cut to futures markets via commissions and time value of money eroding), have been leading for awhile now. At 45 minutes in, my portfolio was actually up slightly vs SPY down 0.6% YTD. If this trend can hold for awhile, 2019 could be an excellent year. It is possible we're seeing tax loss harvesters who planned well and sold early buying back shares now so it is too early to really tell I think.