GREY:XEBEQ - Post by User
Comment by
whognu1on Apr 20, 2021 1:24pm
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Post# 33030029
RE:Perspective with a side of patience
RE:Perspective with a side of patienceall good insights
my 2 cents
remembering that the stock market is a leading indicator it told us that the economy would recover
it told us that there was going to be fabulous amounts of capital thrown at anything and everything green
thus, the general markets, and some specific sectors within that market, went parabolic
they completely untethered price from fundemental reality
fundementals mean nothing
until they do
and as people realize this, many markets will sell off, until the 'numbers' equal the 'price'
this is the market cycle; it always looks different, yet the result will be the same
in the case of xbc, not being a gambler, i wouldn't be buying here, and would wait till the bottom is in
and the bottom will not be in until the trend turns to up
and it has not
don't be a hero
good luck