RE: Update Tuesday22 Mar 2024 22:06
@Aucuba
I hear you too.
Many stocks retrace, from last November the stock market has risen and floated most boats but shares move indivually not collectively. I called s&p 5k and Dow 40k about 8 months or more ago. Check back. This creates opportunities. I now call for FTSE 8600 as the US cools off though that move is not yet finished.
Some like RR. took a long time to bottom and plenty of opportunity to gain a foothold though not without ri sk at the time. Now RR. is in a different phase. WG. Is still in that ebb & flow, disrupted by the Apollo bids.
WG. Will get through the bottoming to. No need to avoid stocks that fall. Just believe in the recovery and give it time.
WG. gave several false starts and yes luck played a part with the Apollo bids, however the snooker rack system leads to adds and trims and that protect the downside, rather successfully allowing the option to remain in a stock even after a shock drop.
All I try to do is reply earnestly to genuine questions and will not be swayed by derogation from others (not talking about you).
This may yet have a profit warning ⚠️ which will be an add if it happens. I prefer to believe that next week will be positive here but either was will add & trim as usual.
GLA, great weekend.
Mx