SUB 50 - REASON FOR IT4 Apr 2013 19:10
Have a look at the 5 and particularly, the 3 year graph in here. A peak, followed by a sharp drop....think we agree there has been a sharp drop since the 70's......that is then follow by a short lived rally, then retrace to the similar level of the previous low.....thereafter there is a sustained rally. On each of the rallies...the peak has always been higher. I am looking for this to break just below 50, then a 1 or 2 £ rally followed by a fall back to sub 50...THEN the real rally.............