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


To: robert b furman who wrote (7349)8/2/2019 12:03:26 PM
From: Kirk ©  Respond to of 26807
 
True the volatility is good as I was able to buy a stock for my ROTH and newsletter intraday that ended up the day over 10% higher.

I used cash from taking profits in LRCX at $216 in the newsletter (last month when sentiment, clx, etc. were screaming take profits) to buy the stock for that portfolio.

Funny part is the stock went down before the tweet but finished up on the day.

Today we got the healthy smack of the 50. Many other sentiment indicators have had nice pullbacks already too... so it could be enough. We'll see.




To: robert b furman who wrote (7349)8/2/2019 12:09:29 PM
From: Kirk ©1 Recommendation

Recommended By
berniel

  Read Replies (1) | Respond to of 26807
 
Speaking of the pullback may be "enough".... LRCX closed its gap today. It might not go low enough to buy back shares I sold at $216.... but as I said, I used the cash to buy something else that was down so the decline won't go to waste AND I have a more diverse portfolio.

Part of my method is taking profits in what is near record highs then using some of those profits to buy what is out of favor...