FormerXBC Inc XEBEQ

Reversal

[Gann999]

So is this considered a reversal of the reversal?

[whognu1]

that, or "hey, we're only down 40% of what CMC is today........those losers"

[Gann999]

I saw that I do feel bad for those that listened to bob and didn't get out. I also feel bad for those who bought the open of xbc today losing 15 percent almost instantly doesn't feel good or make you confident in your purchase.

[whognu1]

yup; and likely the bigger issue now is being up against a general market that wants to correct best move remains, keep your powder dry till we see $4 give or take, and we'll likely only get there with one substantive release good luck

[Gann999]

realistically nobody knows what the overall market is going to do. The general tone is that it's going to correct but nobody knows. A few things concerning me for the general economy is interest rates rising a way overheated housing market and inflation eating away at everyone's already poor buying power. At the end of the day predictions are wrong all the time, people have been calling

[ZouZS3]

My guess is the stock market will continue its bull run for another 10 years before the great great great great depression along with hiccups and then comes the collapse of the financial system as we know it. We're in the roaring 20s lots of growth coming up. Housing market calmed down in Quebec but a lot of real estate broker think it's going to pick up again or stagnate. I don't

[Gann999]

Well they have already signaled that interest rates will be rising in probably second half of 2022 not by much obviously since they are so low already but it could set off a chain of events specifically in the housing market which could lead to a recession if the market cannot bear the rise. Just my worries thinking out loud.

[catchascatchcan]

Haha.  Spot on

[savyinvestor333]

Old Chinese proverb    2 reversals don't make a forward 

[Gann999]

I will wait for 3 forward reversals to confirm an actual reversal.