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


To: #Breeze who wrote (19871)8/15/2024 10:36:23 AM
From: Kirk ©1 Recommendation

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  Respond to of 26494
 
Thanks.

I've been going through my sentiment charts I updated last week at

Kirk's Market Thoughts: Kirk's Latest Investor Sentiment & Other Charts (kirklindstrom.blogspot.com)

I can't get into the AAII site but many of the others have pulled back enough to say this rally could have nice legs.

Generally, a pullback over 10% for bulls over bulls plus bears of II Sentiment can be enough to reset sentiment and launch the next rally... Of course if we fall into a bear market with a recession, it will get much lower into fat pitch territory, but that isn't the current prediction.




To: #Breeze who wrote (19871)8/15/2024 12:04:47 PM
From: robert b furman  Read Replies (2) | Respond to of 26494
 
Hi Breeze,

Time to go parabolic.

Let's show the youngins what euphoria is really like.

Gotta know crypto is going to ruin them. Quit their jobs and retire before 30.<smile>

That loud whistling sound is premium racing out of puts. I sold some CVX and PR puts way too early this month.

One of my favorites: Let's light this candle : youtube.com

Bob