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


To: robert b furman who wrote (14601)10/9/2022 8:30:47 PM
From: Kirk ©  Read Replies (1) | Respond to of 26439
 
Hi Bob,

It could get a LOT worse... just think of the CAlifornica contagion spreads to the rest of the US and you're paying well over $7 a gallon for all the turbos and high compression big engine autos sold to get fuel economy and performance the last decade?

Or if Putin pukes and nukes someone?

Or if more CBs blink under political pressure to print more money to give away to the mobs with this or that special program... many of the phuckups are now writing that the working poor didn't get anything and it all went to the corporations! What nonsense as most were paid with forgivable loans to keep paying their employees. WHEN the government stopped paying, the companies laid people off or retired them and now we have the issues of not enough workers at airlines, etc... I fear "the solutions" will make things even worse than letting the free market work it out.

Don't get me going on the race politics... kids here in school are being taught that they can't afford to live here even if they work hard because all the rich tech "guys" get all the spoils. Heaven forbid if they teachers taught that a good percentage of the tech companies now are led by South Asian Indians who came here with nothing but prejudice for skin color and accent yet worked hard and overcame (one of my best friends included... he won the "who was poorer game" when he told me the only toy he had growing up was when it was his turn to take the class soccer ball home for the night...) Visit the homes of "poor parents" these days and there are more toys on the floor than we had put away on my "toy shelf" in the garage....

Anyway, I sure hope you are right and we're testing the recent low. October 9th was a very major bottom if you look back to the tech bear market. History can repeat.

Kirk




To: robert b furman who wrote (14601)10/11/2022 10:32:03 AM
From: Kirk ©1 Recommendation

Recommended By
Sr K

  Respond to of 26439
 
Well, we're all set up for a Turnaround Tuesday.... including a new, lower low.

Will we get one?