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


To: Fintas who wrote (7131)5/13/2019 12:34:49 PM
From: Kirk ©1 Recommendation

Recommended By
mary-ally-smith

  Respond to of 26764
 
Thanks.
So 3 times 9.72 = 29.16 at minimum down

Big gap finally filled but only half your prediction for the move down. Not sure 270 is still open... that woudld be ~25 down.

Remind me to update my SPY correction/bear market decline table after the next up day.... I was hoping for 3 to 8% and I think we entered that range with today's sell-off.

Fear n Greed, my CPC, 2CS, etc are all getting closer to a buy level after spending much time in "take profits" zones.




To: Fintas who wrote (7131)5/13/2019 12:41:28 PM
From: Kirk ©2 Recommendations

Recommended By
berniel
mary-ally-smith

  Respond to of 26764
 
Yup, loads of gaps still open
In any case, I'm expecting a 3 box reversal and before it's done going down.. lower. That's a 9.72 Value box. So 3 times 9.72 = 29.16 at minimum down
None of my open buy levels have hit for any of my stocks, yet....

but SOME of my early warning alerts have fired and I'm starting to look at buying back some that are well off where I took profits just to make sure I don't let a good opportunity go to waste.

I just don't think this tariff issue will go away quickly so patience seems prudent now.




To: Fintas who wrote (7131)5/22/2019 4:11:33 PM
From: Kirk ©1 Recommendation

Recommended By
mary-ally-smith

  Read Replies (1) | Respond to of 26764
 
S&P 500 PE ratio chart from Dr. Ed Yardeni & S&P 500 price chart over the same period, 2000 through today.