Yes I understand your viewpoint. And respect it. In fact, even though the holding price is very arbitrary, I agree longer term, it's a buy, a hold. But for now, I have been short. And just need to see reason to.join you long. Not hear it. See it. See it in price. A first bounce from 200 is not enough, for me. But we could argue about timing, and value and opportunity costs etc, all day. Get nowhere. So Il relent. Il be joining your position one day, but not until the institutions do. Not thrm say it. Not their paid off brokers saying it. I mean see it. In price
Ok deepish. We will see how your brokers fair out here. Hold from 220 right? Let's see how their crystal ball fairs. Deepish, if I send you broker sentiment and prices to hold long from, for the last year and a half, would that be accepted as evidence of brokers not knowing are from elbow? Il send you broker ratings from every bank and institution I can find, if you accept their own words as evidenvevof how clever they are? Agreed? Then.it's them talking, not me
I don't profess to know every element of the market. All I know is, Eg Goldnansachs, and the other top four....... Go to the websites. Have a look at their weightings, and u tell me, what is currently the direction of their longer term holds ( their terminology, not mine)
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