Folks, as I have said I am not a guru. The truth of the matter is, I am not actually a human being, as I invest and trade unemotionally. Occasionally I do listen to humans, but I try and avoid such encounters. Humans are emotional creatures and generally trade and invest based on their emotions. This is a major fault in human genetic design. It also explains human “herding” behavior. We Vulcans do not have these defects, fortunately.
Over the years I have taught many humans how to compensate for their defects. For example, I have taught them to observe what the herd is doing, but to NOT participate in this defective behavior.
Also, I have counseled, that if a human is getting excited (greed) or depressed (fear), switch off the screen, and walk away. Leave it for a couple of days, to allow these emotions to dissipate. Then revisit, in an “unemotional” state of mind. Its called mental preparation for the inevitable corrections.
So let’s observe the herd now. What are they doing? Piling into some PM sector stocks, in an emotional feeding frenzy. In the Vulcan society, such greed is viewed as a “disease” of the mind. Do NOT participate in this behavior.
Instead emotionally get prepared for a short sharp correction. Depression (fear) will grip the herd and they will turn around and head in the opposite direction. Do NOT participate in this behavior either. In other words sit tight. If getting depressed and fearful, turn off the screen, and leave it for couple of days, and return to it when “emotionally neutral”.
Despite this potential correction by the herd, the road map on the way to GDXJ and XGD targets, has NOT changed. But get emotionally prepared for what the herd has the potential to do next. And do NOT participate.
Plan the trade. Trade the plan. Sit tight. Prosper.