Yes l saw on X that Gary says 4-8 weeks for the intermediate cycle low, although he didn't mention a target on X.
l called for XGD 10K, but it stalled at 9,910 and now after a 6.6% decline, it has now reached 8,667. Fully expect to see the XGD go below 8K over the next month, so will wait (my biggest weakness) and look for hopefully some real bargains.
The late comers to the party are going to fire sale and sentiment will be shot. Expecting that patience will see cheaper prices.
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