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We had a 40% pull back Feb to May 2018, 50% pull back to Aug to...

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21/05/20

07:30

Post #: 44739567
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Originally posted by Andredamus1: ↑

Yes, we have a new generation of "numbers", "goldbull" and "van burgen" who are constantly repeating the same it's way overvalued, it makes no profit, the sky is falling nonsense and have been since the SP was sub $20. At some stage we'll get an inevitable 20%+ pullback and that will have made them right all along.

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We had a 40% pull back Feb to May 2018, 50% pull back to Aug to November 2018, 80% pull back Feb to March 2020. The March 2020 low was actually 20% below the November 2018 low.

I don’t think a 20% pull back is all you’ll see in the next year..

APT Price at posting: $42.89 Sentiment: Hold Disclosure: Not Held
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0 Great analysis

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