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


To: George Statham who wrote (20331)9/10/2024 10:10:44 AM
From: Kirk ©  Respond to of 26434
 
Thanks for BPSEMI. Did you note he's hidden his buy signal from last week?
Message 34805526
He didn't show a sell signal this week so just vaporize the buy signal history??? Hmmm...

I love his charts but the rest seems a typical marketing "ploy" to disguise the truth.



To: George Statham who wrote (20331)9/10/2024 10:18:18 AM
From: Kirk ©2 Recommendations

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berniel
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  Respond to of 26434
 
Perhaps these potential necklines are why he's run away from his buy signal.

There is an interesting divergence between #SOX and SOXL. Many are writing about a potential H&S top with neckline around 4260, which the SOX is still a long way from completing, so not a valid pattern... yet.

But SOXL, showing a huge time decay in value, is very close to completing it and with a neckline decay showing how quickly it loses value relative to the SOX.
.
It still amazes me that anyone "selling advice" would recommend SOXL for anything but a day trade... just look at the difference between the two "shoulders" ... SOXL has fallen from roughly 56 to 41 while the SOX shoulder went from just under 5250 to just over 5250!
.



To: George Statham who wrote (20331)9/15/2024 9:29:41 PM
From: George Statham6 Recommendations

Recommended By
Augustus Gloop
berniel
Kirk ©
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skier31

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  Read Replies (1) | Respond to of 26434
 
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