The markets have been paralyzed all day. The news arrives 6pm meaning tomorrow morning will be mayhem or BAU....but then comes the BoE interest rate rise.... Ive sold half my IAG holdings at a 1p loss per share... This SP is the antithesis of logic. Do wonder where AC is sitting on this - suspect he is sitting it out which makes a lot of sense...
and others on this board went lower - 70p seemed to be the consensus at one point. In any event AC continues to be right about this SP recovery. It's not backed by the big boys and therefore continues to be vulnerable. Quick trades is the name of the game for now.