TSXV:NSP.H - Post by User
Comment by
buddingprospecton Oct 21, 2018 4:43am
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Post# 28842663
RE:Sell-off to get ‘significantly worse’ this week, CRASH is...
RE:Sell-off to get ‘significantly worse’ this week, CRASH is...Hey kingWHALE,
The article you referenced is dated 16 October.
Have a look at the weekly chart for the Dow which covers the very 5-day period Mr. Derrick was voicing concerns about:
https://finance.yahoo.com/quote/%5EDJI?p=^DJI
Mr. Derrick is just another so-called equity guru - and he got it wrong.
This is not to say there aren't broader concerns currently (and he does outline them); anybody that has been paying attention to macroeconomics and the geopolitical situation knows all too well it is quite a precarious moment in our history.
BP