PLS 2.72% $3.02 pilbara minerals limited

US indices overnight flirted with a sell-off, which may yet come...

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    US indices overnight flirted with a sell-off, which may yet come
    Fear and greed index at extreme fear
    https://money.cnn.com/data/fear-and-greed/

    markets in wait and see mode, so buyers are scarce
    bears might get their way
    S&P500 at historic highs above the 200 on the weekly, potential move lower another 400-450 point to the downside

    also alot of talk on a melt up, and if that happens the drop will be more significant sometime in 2019 imo, some analysts wishing a 15% correction would happen already so everyone can get back to playing, especially since that might trigger some willingness on the part of china to renegotiate trade deals it has been cheating on for several decades, and this nasty business of trade wars may get a respite

    The EV and lithium battery revolution will however imo simply continue, and if you are actually a long term holder, with all this fear about, now might be the right time to accumulate, as always however, its also the hardest time to pull the trigger

    My approach specific to my circumstances is simply hold, I think PLS has a great future, and if there is a market capitulation with a move of 10-15% lower, I will buy more
 
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