re: am short spi now fwiw. The market in general is now very oversold, I expect a bounce as early as tomorrow, there is a very good chance that stocks like BHP, RIO could test previous highs on PEs alone.
If we get this rally I feel it will only be short lived, before the market continues to sink lower and certainly the XJO could head down to 4400, but not for a while yet, more upside still to come.
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