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Re: SeaBlue post# 18958

Friday, 02/23/2024 8:10:12 AM

Friday, February 23, 2024 8:10:12 AM

Post# of 19487
The stock market is doing things now that IMO are at best IRRATIONAL to use an old Greenspan term. This looks somewhat like a blow-off top to me, not to say it can't continue for some time.

If and when a big drop in the stock market comes, I'm skeptical of that being a good thing for any stock. Everyone will be selling any risk asset and moving either into cash or something perceived as a safe haven asset. How much further the mining sector falls is anyone's guess, but it's so beat up now we know it can't fall as hard as say the tech sector. We just continue the waiting game until that turn comes.
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