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Accurate depiction indeed, thanks Chess.
Not an easy morning to stay in cash but the last hour of trading certainly help keep things in perspective.
Thanks, hooper.
Hey Chess, you did a segment on DMND a while back, something where the shorts had lost that battle, then I saw it crushed earnings again and sent the bear reeling again (price got into the 90’s)… But I had an eye on it the past 2 days, what the heck happened there? Was there some kind of news catalyzing that action?
I don’t recall that. DMND has had a great run since 2009 and I wouldn’t be surprised to see it falter a bit here under the rubber band theory (late stage base failure)
Interesting, btw now that I look at it again, it actually finished the day quite strong after touching 78 intraday.