this gap down and today's selling will create a bottom. Buy 1/3 before the close . and 1/3 in a long trigger monday
Sentiment: Strong Buy
Dream on! Every mothers son is bashing the commodity and the miners and panic is setting in. Cash flows out of the ETF's are huge. Once $1450 is broken both will be in freefall. At present you're catching a falling knife.
if i were you, i would short the mining stocks at this level and we shall see.. I have a different opinion and the more negativity i hear, the more i will be buying.
That is the point, that is exactly when you buy, when everyone is panic selling. Doesn't get better then this.
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