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

To: edward miller who wrote (9591)	5/2/2020 8:56:03 AM
From: robert b furman	1 Recommendation Recommended By Ken Adams Read Replies (1) \| Respond to of 26489

Hi Edward, I like to read about a great stock market historian - Gann. I amazes me that this is what he said about years that end in zero: 10. Ten is a bear year. A rally often runs until March and April; then a severe decline runs to November and December, when a new cycle begins and another rally starts. See 1910, 1920, 1930. Bob

To: edward miller who wrote (9591)	5/2/2020 10:17:43 AM
From: Kirk ©	1 Recommendation Recommended By Lee Lichterman III Read Replies (2) \| Respond to of 26489

Good article. It makes sense as many good, small stocks have been in a bear that started in early 2018 with the first shots of the Trump/China trade war. I was looking like II-VI bottomed last year and this year was a test of that bottom. But the March 23 panic gave me a chance to buy down near the bottom of this channel then the rally allowed me to take profits on some of those shares the other day at $34.95. It is over 50% off the bottom now, so perhaps it can break above the channel to switch to a secular bull, but as the article suggests... nothing is really clear yet. It is interesting how much better the large US stocks have done... and how poorly by comparison international stocks have done relative to US stocks.