RE:Absolutely stupid and fatal to own any stock.....I own 2 gold miners...I-80 and Marathon Gold....I want to maintain them and add to them over the next number of weeks as we approach disaster and the ultimate folding of the FED tightening. Gold will rip to $3000 when the collapse is raging and central banks go back to the old playbook of QE.
In the interim I'll be layering in another short on the market....we could rally for a few days and maybe 100 or 200 more S and P points and then the collapse continues to new lows.
There's nothing to stop the collapse. If you confuse a relief rally with the coast is clear you're going to get your face ripped off. GTFO....you have to use any rally to complete your exit or get short again