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4,793 Posts.

483

06/08/19

10:40

Post #: 39878688
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Originally posted by thecrabpest: ↑

Both Albermarle

And Posco

Have suffered significant falls in the last week and both are roughly down 4.5% last night.

I am going to take @yanlin advice and stay away from my computer today.

I am also going to take my own advice and not buy more because of the wildcard that is the American Oompa Loompa - and who knows how he will react to the Chinese devaluating the yuan, and I think there may be a few more days of this.

I can't help but think the bounce back will be hard when it eventually happens, but I don't think it will go all the way back, maybe about 60% retrace.

On a side note, I am almost convinced (as are quite a few other people), that Trump is doing this all of this for his own benefit, and has actors making trades and profiting from the instability he is causing across currencies, stocks and basically the entire world.

Good luck everyone, try hold strong, but understand if you can't!

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Trump is doing this for his own benefit? He gave up a billionaire's lifestyle to get ridiculed and harassed. And he works for free.

The bipartisan consensus is to stand up to China, which is exactly what he's doing. The US is the significant NET customer in the trade war and the US will win.

GXY Price at posting: $1.13 Sentiment: Buy Disclosure: Held
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