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

To: Kirk © who wrote (9388)	4/21/2020 10:41:30 PM
From: Sun Tzu	1 Recommendation Recommended By isopatch Read Replies (1) \| Respond to of 26780

Why do you think there may not be a sell off? I'm interested to hear alternative views. Granted, the Fed has made it clear that a SPX drop to 1600 (that many had expected and we would have had without the backstopping) is not going to matter. But I don't see why we could not revisit 2500 or 2300. I will play it via options so that if the market doesn't go higher, I will get to make money. Here is an indicator chart that I posted yesterday. Today, the stochastic and MACD are clearly in the sell territory. Message 32690386