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

To: Kirk © who wrote (6759)	2/20/2019 2:13:06 PM
From: robert b furman	Read Replies (2) \| Respond to of 26758

Hi Kirk, Nice chart and "The perfect "add to" spot". We're somewhat over bought , but strong up markets can stay that way. It has brutally ground up those who were short. I hope those who were short weren't short long. Mant bearish threads are spooky quiet now. Meanwhile the premiums paid on puts I sold in mid December have vaporized. My account is getting pretty simple. Many puts sold assigned my some 6% plus dividends yielders and maybe 20% of them expired to 00.00, which helped pay for them. I have Cohu 15's puts sold in May and August. T 30,32,and 35 puts sold in June and T30 puts sold in January 2020 XOM 70 puts sold in January 2020 ESV 5 puts sold to January 2020. I'm going to let them run and see how it pans out. Going to lighten upon far out sales. If this is a 5 wave it will be unwinding in early 2020 - judging by 1999 to 2000 february/march's run up in time elapsed. Of course clx,breadth and sentiment all hone the time period better. Bob