RE:Oversold
Agreed. Almost as oversold as the crash last march. The last few times we have been this oversold the SP has rebounded in the ranges of 75-130%. The company is currently in a much better position than any of the previous times we have been this oversold. Just hope the Gold price holds. A decent correction was inevitable after that hell of a run, however the 5y chart is starting to look like we are in the fear stage when compared the stages of an asset bubble chart. With all the stimulus, inflation looking like its about to rear its ugly head and the fed keeping rates low im hoping this turns out to be the first sell off.