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


To: Investor2 who wrote (8393)3/9/2020 12:26:35 PM
From: robert b furman  Respond to of 26590
 
Pretty clear 3-3-5 ABC DOWN

Time to count 5 waves of C



To: Investor2 who wrote (8393)3/9/2020 12:39:21 PM
From: Kirk ©  Read Replies (1) | Respond to of 26590
 
20% from the peak is how I define a bear market. I did a quick check early this AM and I think we were at 18.5%... maybe we'll hit it intraday tomorrow but it feels like many besides me were ready with our deep sea fishing nets out this AM to catch some great buys...

Hard to believe this year I sold some Intel in my trading IRA at $68+ and bought the shares back this AM at only $51.xx Boom! kirklindstrom.com

The div yield on that is about 4 times the 10 year treasury! Boom! Boom!

And.... even if everyone stops driving to work from home, they'll need MORE server chips for the Zoom meetings AND more servers for the cloud.