RE:Having a coffee, watching the dominoes falltamaracktop wrote: Ugly ugly. Greenlane down on unusual volume. Xebec sucking hind leg but we're used to it. Strong reversal day is coming soon. It's just too cheap. These are babies with bathwater days.
With the volume we've seen so far today, today might very well be the day.
The Dow made a new year-low today.
More importantly the Russel small cap index is down 3.6% on the day, very close to a new low, and down 29% from its January 2021 high.
The average bear market since 1947 has lasted 9.5 months, with the longest being 1.7 years.
Bear markets don't last forever.
A close in the mid-to-high 60's would be nice.
It's always darkest before the dawn.
Hope springs eternal, but I don't bank on hope.
I bank on facts, and watch the chips fall where they may.