Another good week1 Mar 2024 16:24
Longtimeinvestor - there is no way I will ever disagree with you, but many of us have seen 50+ appear and disappear as quickly. This year may have been different, except for the stupid 2/3 weeks at the beginning of this year when the SP dropped from 46/47 to 41 (again) - shorters that took advantage of this will be taking profits, and long term holders will either jump ship, slice, or hold. Yesterday, I think, is why the drop happened, today it happened again, but not as bad,.48 will see the same, if it can hold to 50, the same will happen as happened on the last 2 occassions - selling pressure will succumb, it is what it is.