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

To: robert b furman who wrote (14537)	9/30/2022 12:19:38 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26414

Bob, you are a great guy and far too forgiving I think. Go back and look at those offsets and how they and their most vocal proponent missed the 2000 to 2003, 2008 to 2009 and 2022 bear markets with calls for bottoms all the way down until he finally got one right. It and many other indicators are pretty good at spotting short-term, tradable bottoms but if you go look, those were tradable lows, not bull market lows despite claims they were. That same proponent on September 19, 2022 at 20:28:38 called for a "monster up week nxt week,,,3 gap play...new moon" and we had one of the worst weeks in memory... so he has issues with interpreting his own stuff. So.... I'm not sure I'd say we have a "new bull market" until the old high is taken out but that is a cope out.... Maybe I'll say we have a new one when we take out the H&S top necklines that Breeze and I have pointed out in several places. Until then.... I might be more inclined to listen to when Pokersam says the low is in... and he's still very bearish. I'm hoping he's wrong and Thursday's low holds... but that and $20 will get you a burger lunch. As for peppers... you weak batches can remove paint so I wonder how long your stomach will handle it before you will need to grow more tomatoes and fewer peppers... <grin>