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

To: Return to Sender who wrote (23669)	3/24/2025 3:24:04 PM
From: Kirk ©	1 Recommendation Recommended By Return to Sender Respond to of 26870

Could be. One thought I had is most/many stocks have had a pretty severe bear market already and it was the Mag 7+ holding the market up. One old adage is bear markets don't end until they shoot the generals and I believe we just saw this with 20% or more down in many leaders. We also want to see new leaders emerge and that could be IBM and perhaps healthy eating at SFM. The S&P didn't see a bear, it was down over 10% for just a day I believe. But many, many other sectors saw a bear so... it may apply.

To: Return to Sender who wrote (23669)	3/24/2025 3:38:55 PM
From: Kirk ©	1 Recommendation Recommended By Return to Sender Read Replies (2) \| Respond to of 26870

Another thought is this SPX correction and BEAR for our Semicap stocks may be like the 1997 and / or 1998 declines that I believe were over LTCM and something else. I remember one buddy was right to be short Yahoo! but two years too early listening to a permabear friend in 1998... It took awhile for the internet bubble to inflate and I think the AI bubble has a ways to go as we're not seeing IPOs of puff stocks... and most that we did get via SPACs were CRUSHED.