Might be a good time to topup/buyin soon?, page-27

hilldweller
Comparing the drawdown, PLS is down just under 8% from ATH, which is impressive relative to its peers. My long position doesn't give a rats, but TBH my short term trading strategy is greedy for few more red day's, which is looking likely based on US market noise...

However and amongst all this noise, funnymentals for lithium miners has improved, with lithium prices continuing to climb. The thing that worries me about the drawdown in general markets, is the newbies who only started trading since onset on the pandemic, who are yet to experience a much needed market correction, in that they don't know how to be an investor, and thus, may dump, magnifying the drawdown. Having said that, I'm more concerned about the amp up of the whinging if the markets trade in the red for more than 3 consecutive days. God help us, is there an index like the VIX to measure that.....