RE:RE:TableFor sure nf. Margin call on the funds create selling and the cycle once it gets going,
tends to run until it exhausts itself. Everything is subject to selling out of the need to raise
money to cover those calls. All I know is TKO's projected .30 in earnings hasn't gone
away and the pipeline is alive and well with Florence coming on. TKO is flush with cash
and the only risk left is copper price which has been quite volatile but the supply demand
picture remains very positive and is only likely to improve over time. The world economy
is heating up and demand for base metals is not going away. The fear of more rate increases
is spooking the market but as we can see, they're walking a tightrope. More increases
will crash the market and make it more difficult for the US to finance their trillions $ of debt.
Holding off on more increases will cause inflation and increases in all goods including
commodities. For TKO investors who are patient. it;s all good.
MS