Mate everything is oversold, throw in the kitchen sink with it. Its a case of shorters selling and buying it back, we are just swaying in the wind.
I don't really see a link between the three you mentioned other than we are in bear territory, if they reverse so will the market, speccies typically fair worse than their counterparts unless it is earth shattering news, even then I don't like your chances.
Alot of people are re-considering their investment decisions, that said talk of peak inflation, interest-rate cuts and a lower dollar is good news to bring back the bulls and have them running on the street again, cheers,n
URM Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
