11/14 Kelly Letter Topics
Weekly market review
The bottom holds
Big bounce volume
Recession projections
The magic midpoint
LevMark Timer holds
Crocs is dying
Hope for Goldman
Importance of retest
We're buying into one of the bargains created by yesterday's sell-off around sub-prime. The Kelly Letter watches and waits for sometimes months before a stock reaches its target price. Yesterday, we went well below our target price and are jumping on the chance.
Do not be afraid of this market. The experts called for an awful October. I responded that it would be fine, and it was. More on that soon.
