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


To: Investor2 who wrote (6956)4/6/2019 11:24:06 AM
From: Kirk ©1 Recommendation

Recommended By
mary-ally-smith

  Respond to of 27100
 
TSLA lost green support... but seems to have, so far, held blue support with what could be a symmetrical extended W bottom, ie 1.5 Ws.

Of course, I thought 17 was worth a shot at the IPO but not 24 the next day... and chickened out when it dipped below 15 the 2nd week after its IPO.... probably explaining why I stay away until they prove they can make money then I look for a huge bear to buy where I think the value is OK for any IPO.

I have two IPOs in my portfolio. One, GOOGL, worked out well with huge gains while the other is just above where I've been accumulating on weakness.

It will be interesting to see if MUSK and his army of supporters can pull it off. I hear he is awful to work for and the work environment is toxic which is not the "HP Way" I was a part of when we had 20x growth before they had to break the company up into many pieces.




To: Investor2 who wrote (6956)4/20/2019 10:12:10 AM
From: Kirk ©  Read Replies (1) | Respond to of 27100
 
Do you know if any of the former Brinker followers or anyone else is still following Sy Harding's (RIP) STS?

==> Sy Harding's STS Seasonal Timing Strategy LIVE Charts
Buy and Sell Signals: Sy Harding, applied the Moving Average Convergence Divergence indicator, or MACD, to the Dow after the average best time to leave the market, April 20, following the "sell in May and Go away" strategy. Likewise, around the best days on average to enter the market, October 16, Harding's STS looks for positive MACD to enter the market again.
By my take, I think it probably lost a bit to buy and hold last year and got in just before the bear market... if applied to SPY: