GREY:XEBEQ - Post by User
Post by
tamaracktopon Sep 01, 2022 1:30pm
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Post# 34935928
Turn the negative to a positive
Turn the negative to a positiveThinking rationally.
The markets seem destined to test the year lows, which are also the June lows.
This would imply further downside of 9% for the Nasdaq, 7% for the S&P, and 6% for the Dow, IF that happens, and before we know if it's a successful test.
I say let's get it over with.
Xebec is 44% higher since its August 12 low.
It would have to lose 30% from here to challenge that low.
That doesn't seem very likely.
This will pass.