Looks like a good call Jrowl1
Everything is getting sold off today. Seems no one has any patience anymore. The markets are being driven by sentiment - PEs and real earnings have gone the way of the dinosaur. Stocks that should have sold off a long time ago are still high in price, anything and everything bounced over the last 6 months. Now we get into the nitty gritty over the next 3 months and start to realise which co's are going to be making a $ next year and beyond. As always, the baby will be thrown out with the bath water.
Somebody asked if gold stocks would stay high during another market sell off - today we see the answer. All down today.
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Looks like a good call Jrowl1Everything is getting sold off...
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1 | 3010 | 1.595 |
1 | 3010 | 1.590 |
1 | 3320 | 1.585 |
1 | 3320 | 1.580 |
Price($) | Vol. | No. |
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