Loading ...Good Morning. I saw it as an opportunity to play the B wave which we are now well into. At that time we were completing the A wave down and the B wave was just about to start up. Next should come the final C wave down to the Int. low.
The prior Int. mining move down ( 7 yr low) was long…from March 9 to Sept 26 and mean. It smashed much of the retail trade into deep capitulation from which junior explores have yet to recover. So, this Int. move down should be much less in length and severity. Still, we will have to endure at least a few weeks of final selling/shorting…imho. That is now almost ready to begin.