Just back from golfing in Eire, lovely in the west and south. Well done! 330 is a good price, already showing. Everything has turned up again, thank goodness. My hunch is that we can expect a long steady climb through until May. Obviously occasional short drops will happen but I feel things are shaping well. Just my hunch, like HALFMIST, though I don't expect jings100 to agree! GL
Yes I saw it hit 328 and then went to 330.. Took the view it may have hit the bottom.. So based on the .. those who hesitate theory I decided to step in.... With a near 10% drop in the Dow and close to correction territory... I hoped the bottom was close... Nearly sold this morning for a 3.5% gain but have decided to hang on and see what next week brings... Cautious about that Ebola situation... But hopefully a positive rise on the USA markets at 2:30 PM.
Does anybody know the date of RBS next quarterly results date...
A little disappointed I didn't get in yesterday at 329, would be 15p up by now for a quick in and out. Was too cautious though and any time I've bought in in the past, it's continued to drop. Ah well, this is RBS, I'm sure I'll get back in again. Well done to all those who bought in at the bottom yesterday
Good perspective &, IMO, you've realistic targets. A decent interim might take you there soon enough. If not, would still be good to reach your target by 6 months & get out, or reduce, before next May's general election uncertainties.
I'm still reluctant to invest in any banks, bar shorter-term trading, due to a few key uncertainties ahead, not least litigation issues, whose outcomes are unknown. Market hates uncertainty.
Each to their own of course & I'm confident banks will recover fairly well in L/T (I mean beyond recent highs), but timeframe still remains the biggest doubt.
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