I'm with you mate. THe next quarter's earning season will be a major catalyst for a sell off. People are getting excited about PMI numbers nearly approaching 50, which is a joke because values less than that mean that the economy is still contracting relative to the month before. A bunch of European PMIs came out yesterday and were in the 40s, which is less bad than the prior month but still bad. Market is desperate for any sign of recovery, but earnings reports will put those hopes to bed IMHO.
Happy to keep holding. Been nursing a massive paper loss for entering far too early, but I am not going anywhere.
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I'm with you mate. THe next quarter's earning season will be a...
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