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

To: POKERSAM who wrote (14567)	10/5/2022 2:22:43 PM
From: Mongo2116	Respond to of 26438

Good luck with that!! better chance of 2400 hitting lol

To: POKERSAM who wrote (14567)	10/5/2022 4:50:27 PM
From: Kirk ©	Read Replies (1) \| Respond to of 26438

Thanks for the clarification. I think today we tested the "^" in a "W" bottom from above so we rally for awhile, maybe to one of the major SMAs, then we see what sentiment says. As for what were teaching children... SMH.... what gets me more is how we are destroying the motivation to work hard and excel. Sadly, it is the government itself that has grown so bloated and inefficient that it is too expensive for most to own a home and now I'm hearing they have to pay $1,000 a month to buy an EV to get to and from their jobs.

To: POKERSAM who wrote (14567)	10/14/2022 10:46:22 AM
From: Kirk ©	2 Recommendations Recommended By Return to Sender Robert O Read Replies (2) \| Respond to of 26438

Do you think this is a short covering rally on the way to your 2400 minimum or a tradeable low? On the side of a tradable low we have Cramer sounding super bearish yesterday when it was down huge before it reversed. We're seeing cuts in CapX in major chip makers, especially TSMC Intel may lay off 20% of workforce due to lower PC demand -Often bottoms come when the reality hits the chip sector... just as the tops for those stocks came last year when everything looked rosy forever Sentiment reached rare oversold/bearish levels SPX may turn just short of my Red H&S top arrow just as the rally fell just short of the blue iH&S arrow on this chart. It is interesting that the rallies and drops have stopped just short of 20% recently...