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

To: Kirk © who wrote (14414)	8/28/2022 4:47:13 PM
From: Kirk ©	Respond to of 26425

I'd not be surprised if I redrew that support line using closing prices that it could give a lower target for a turnaround Tuesday love tap just below a nice MA-50 penetration.

To: Kirk © who wrote (14414)	8/28/2022 5:15:34 PM
From: robert b furman	Read Replies (2) \| Respond to of 26425

Hi Kirk and George, I'd not be surprised to see a deeper dive. September 7 is WWW. September 10th is the full moon, with expiration on the 16th. That leaves a lot of September for foul play and fear. C waves will have 5 waves to finish the corrective wave (I hope) 5 waves burn up time and account equity. There is time for both. 30 day clx has big positive offsets for the next two weeks. I'm thinking we grind with greater volatility, but basically in the now already established range albeit with a lower skew. C waves get em every time. Mostly because they take more time. I'd expect to see volume dry up, as C waves should have fewer sellers left. Bob