Several thoughts:
First, generalized risk off. The general mkt decline we started isn’t over.
Second, you do your chartology. I do mine. See, eg, CCJ, DNN and their upper monthly bollies.
Third … they are forewarning of more trouble in the hard assets sector. Coming soon to a theater near you.
Uranium is extremely volatile in more ways than one. When it enters a real bull market, many of the miners can go up by a factor of 10 or more. In the meantime (until we breakout convincingly), it may well fluctuate by 50% in either direction.
Several thoughts:
First, generalized risk off. The general mkt decline we started isn’t over.
Second, you do your chartology. I do mine. See, eg, CCJ, DNN and their upper monthly bollies.
Third … they are forewarning of more trouble in the hard assets sector. Coming soon to a theater near you.
You guys got me into buying some u asx plays x3, to join the ride.
Uranium is extremely volatile in more ways than one. When it enters a real bull market, many of the miners can go up by a factor of 10 or more. In the meantime (until we breakout convincingly), it may well fluctuate by 50% in either direction.