What is going on??
This is a simple correction imo from the last drive up of which there have been several. Interesting that today's low is 6.60 Staying above 6.56 is key for support imo so we need a close above that. If we close above.. I'll add moreGood L
Entropic had a one time accounting change. The true PE is about 4.
PE of 22?? 13 is fair you do the math back to low 5s.
Simply FEAR. Usually time to buy!
Thanks.But that's the point, fear of what??..Or are we in for a bit of some rough sailing...