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


To: IC720 who wrote (7140)5/13/2019 3:40:26 PM
From: Kirk ©1 Recommendation

Recommended By
berniel

  Respond to of 26862
 
The moved down started 2 weeks ago... and I read top callers started as soon as it reached the old high which would be 3 or 4 weeks ago...
Are you sure Kirk? Many say (proven) the Charts forecast the news. I see it all the time.
There's several that have called this down move weeks ago..

I've got my eye on the center green tine... of this update of the Andrew's Pitchfork chart I've posted many times over the past.

The VERY FIRST decline in early 2018 was just after Trump announced tariffs on aluminum and steel and the start of the trade war. My tech stocks started a long bear market then and some bottomed in Oct 2018 and others on Christmas, where I drew the green pitchfork bottom for the new bull market.

My GUESS is if we had a signed trade agreement with China last week, then this week we'd be above 2954...




To: IC720 who wrote (7140)5/13/2019 3:43:27 PM
From: Kirk ©  Respond to of 26862
 
I saw a chart posted on Twitter this AM that showed ever decline aligned with Trump tariff chest thumping and actions. The funny thing is the chart maker forgot the first decline at the start of 2018 was also about tariffs.