happyhols--agree with most of your post however one must always be on guard with Mr Roach at the helm. One never knows what is round the corner,good or bad.
The SP rise will gain further momentum when the market returns from summer holidays. The market is at its most active between September and April which just happens to mirror major events at Prem.
Roman-- many weeks ago a few of us said that there would be a gradual increase in the SP,nothing dramatic just a continued rise . The rise continues,bit by bit,day by day. The "naive" are doing OK