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


To: Robohogs who wrote (6729)2/17/2019 11:33:08 AM
From: Fintas  Read Replies (2) | Respond to of 26686
 
That's nice re the data you and many use re the RSI.. But you/others and myself are NOT looking at the same data.

It's very apparent looking at the pnf chart I provided. Yours is showing at a peak mine is showing trying to get off it's bottom. I could explain the why's but that takes too much energy and time.

So you use the tools you have I'll use the ones I use.

TWT whether we add another or or 2 or whether we reverse up to X's.

I'll post when I see the change just as I'm going to post when I see that SEMI sector near term roll over from X's to O'S. It's coming.. NOT IF.. but when and from where and the question a LONG should ask is.. Will AMAT get back to 63 in the next few months as one just sits and holds or will AMAT retrace to the lower 34's. My bet is AMAT one day may take out that 63 but here and now, a retrace is coming as that near term semi momo rolls, the sox turns over, smh turns over etc. In the meantime those who are long.. enjoy.. just don't get greedy.

UNLESS one has the profile to do so.

IMO

Fintas