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Non-Tech : Kirk's Market Thoughts
SPY 266.77+1.2%2:35 PM EDTNews

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To: Kirk © who wrote (5409)1/1/2018 11:35:50 AM
From: robert b furman  Read Replies (1) of 5713
 
Hi Kirk,

I have positions in KMI and ESV for my long term bet on the return of normal historic energy prices.

It took 15-16 years for semi's to recover the 1999-2000 blowoff distribution top - not sure on energy's time frame.

What I do know is some very large leaders in energy were available at their below cash per share price - ditto the semi's of 2000.

Now to watch demand grow and wait for them to resume paying dividends as price recovers.

AMAT's on a 5 bagger - who'd a thunk it?

Happy New Year !!

Bob
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