Comment: If it breaks below $25

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Michael Nystrom's picture

If it breaks below $25

The next stop will be below $20.

Honestly, based on the long term chart, I wouldn't be surprised to see it trading back at $5.

I know that it looks cheap below $27. I've been watching markets for a long time. The worst mistake people make is to load the boat at a time like this. Or worse yet, to leverage into this because it looks like the opportunity of a lifetime.

Slow and steady wins the race. Don't put all the eggs in one basket.

For an interesting speculation, look at ZSL. A small position is fine to temper your enthusiasm and remove the emotional bias.

He's the man.