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

To: Kirk © who wrote (14418)	8/29/2022 11:24:10 AM
From: Return to Sender	2 Recommendations Recommended By Kirk © rdkflorida2 Read Replies (1) \| Respond to of 26422

I don't think we will see a lasting bounce until the SPX hits an RSI nearing 30. It is just a bit below 42 now. Also as you know September is typically one of the worst months for the SPX and entire market year in and year out. stockcharts.com The SPX chart below the first is the same but it will update but only be viewable for most if they are using Firefox as their browser.

To: Kirk © who wrote (14418)	8/29/2022 12:11:55 PM
From: robert b furman	Read Replies (1) \| Respond to of 26422

Hi Kirk, Breeze has 61.8 retrace at 39.52.18. He says if it goes below 3945.86, RUH ROH, that was high of 5 of 1 back on June 28th. Breaking a big round number nd the 50 day would surely lather up the bears. Oh they would be so confident. Looks like bottom spotter will activate today. Most bottom spotter activations are quick ( in terms of days 6 to 8 days). 15 to 18 days are very unusual. A dip this week and next would make for a great pay day into the 16th expiration. I think energy is in for another climb higher. I closed out my September 14 and 15's on KMI. For some reason they all got "bot to close" at 00.01. Hoping to sell some puts out into 2023. If KMI trades down to $18.00ish, I'll reload and sell 14 and 15 puts. Always nice when two smart people come up with the same numbers. Crash dat 4 grand eh? Bob