Canada Nickel Company Inc V.CNC

Prepare for a severe market correction coming in January.

[apapas1973]

I believe stocks in general will get hit hard by about mid to late January. Maayyybe even in February. The markets right now are being propped up by a handful of stocks alone. Not a good sign. That complacency will kill is. The problem therefore becomes what happens to CNC. If they don't release big news prior to a market correction, we're just going to trade along with the market and get dragged down. Some really good news earlier would set a new, higher trading range which would allow us to better absorb any downturn. Now that we know any strategic will come later next quarter, we have to rely on killer assay and drill results. Fingers crossed. Mark has to cross the T's and dot the I's sooner rather than later. GLTA

[EndZonefor7]

That's a very valid concern apapas and bang on about the breadth of the market being very concentrated. Sets up for a dangerous situation some say is long overdue.  On the other hand I was watching a guy on BNN this morning and he reminded us that the stock market and the economy are two different beasts as we all know. With the Fed pouring mass liquidity into the markets it's hard

[6t3manx]

I@ve been on this orb for almost 70 years now. The Dow hit a high in the 380 range at that time.@ Started trading 18 years later. It@s been proven many times over that trying to time the market successfully is a losers game.@ Time in the market without sweating the weekly minutae has been proven to be the route to go.@ I do try to trade the dips as able but it@s my long term TFSA investment

[6t3manx]

I apologize for how my previous post is presented. I have no clue as to why it came out that way.  Could it be the holiday related copious consumption of Tequila? Stay tuned CHEERS!

[Zip10005]

GLTA !

[Zip10005]

GLTA !

[apapas1973]

100% agree 6t3manx this is a hold for long term stock. If you can. The rest in between is noise. The problem is many may be invested heavily or even on borrowed money. Thats where the problem lies. Having a correction is one thing but imagine what would happen if they broke $3 again. Not impossible. Yes we know we can recover in the long term, but psychologically it crushes people's mindset

[EndZonefor7]

Remember apapas that the Fed has already told the market its doubling the taper so its already baked into the market IMO. The trick will be earnings in a strangled supply chain environment. Lots of up and down me thinks but not like January 2020. A crypto crash on the other might spook things and won't rule that out with regulation eventually coming in some form. Could push cash into the

[GnuckyT]

December 29,2021 Months later he was blaming the market downturn... and a recent post this weekend he still blames the market downturn.   What an ignoramus.

[6t3manx]

I fully agree with all you said Apapas1973.  Fluctuations are part part of the game and should be expected.  Hopefully FUD (fear, uncertainty, doubt) doesn’t “flux” many out of their shares.  I repeat—Don’t get “fluxed” out of your shares due to FUD.  CNC—Long and strong. 

[apapas1973]

Best guess of what's going to happen endzone is continue higher into January, and as the Fed withdraws some more liquidity, the market turns over. We'll get a decent correction at that time but that'll be the markets dictating to the Fed they're not happy. That will cause a reversal in the feds policy as the markets continue to fall and they will start to inject liquidity again to

[GnuckyT]

December 29, 2021 another disastourous prediction gone the wrong direction.

[Positivelive1]

The one rule about trading stocks is that no one knows when there will,be a correction- will there be a correction- yes! Another guy was calling for a correction in October- now you, January!  The market decides not an individual! Hey, what a great way to push potential investors away from investing! 

[caramba71]

Random thoughts... Goldman Sachs predicted the S&P to be at around 4400-4500 by the end of next year. IMO we'll see a similar pattern as in the 2nd half of 2021.  Stocks get hyped up and then end up at >50% of their high. In all sectors but particularly in tech. Endless examples this year. Mining might be different unless metal prices come down, which I doubt.  So if CNC