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To: Rarebird who wrote (112118)4/29/2020 9:56:47 AM
From: Rarebird  Read Replies (1) | Respond to of 116954
 
XME was bought yesterday because it is the quintessential cyclical etf composed of steel, copper and aluminum companies, along with other industrial metals, including a few gold companies.

It is quite clear that in contrast to the data driven bears, the market is pricing in a recovery.

I am not in the prediction or forecast business so I can't tell you when.