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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Larbro who wrote (190970)	6/15/2023 11:14:16 AM
From: robert b furman	Respond to of 207516

HI Larbro, Thanks for the neat historical chart! I kept that for my daily file. It shows that the real market bottom came in on September of 2022. Which I have believed back since then. It also shows how close this last corrective came to violating the rule that twos can not retrace more than the one in an impulsive. That closeness to me indicates how brutal inventory was needed before this three got in gear. Indicative of a strong Bull Market in the making - I hope. Noting how close KMI and T are to pivotal positions going into tomorrow's close/ June expiration. I'm expecting T to close just over $16.00 and KMI just over $17.00. I say that after viewing the open interest out there. I sold a good chunk of T 16's 8 months ago and would like to get them assigned and I'm betting they'll dance over 16 just to not let me buy them. Hope not but I'll take the money either way. Is that dotted line with a slight slope a regression line? Surely does show how volatility has picked up since September 2022. THANKS AGAIN FOR THE NEAT LONG TERM HISTORICAL CHART ! Nice to get back above zero! Bob