Re:Interims20 Nov 2007 16:09
The "city" has demonstrated its thirst for expectancy once more. Having declared bumper interims, the sp had already built the expected numbers ahead of today, trades pushed the sp beyond reasonable levels, and it has now been corrected to reflect true value. Once the sp returns to value, it will present another buying opportunity, but until new contracts are revealed or a stronger corporate trading regime, the sp will not excite, should institutions start to declare new or increased holdings, stock is a hold for now and a buy on further weakness.