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It's a joke. I'm in the process of freeing some funds for a top up at the bargain basement and now the taps are turned on again by mms.... rinse and repeat.
Anyway I am not going to cut my nose of to spite my face - happy to see positive direction.
II welcome from my eyes, they will have sticky hands with their shares so the more they accumulate the more are "out of the market". Additionally the more II involved the greater others will feel encouraged to engage, rather than miss the boat.
This year has been pretty tedious so far but I for one need to stop checking inter day changes. I won't as it is addictive and work is dull but need to remind myself I am looking for the 12 month + view.
I've just bought £20k worth with a dip finish for the week. LTH happy that the post Scally blues shaken off, what I consider a fair market price given declared fundamentals, news to come and plenty of reason for a gentle ascent up as Havieron info filters through and nudges the MRE every skyward.
Wishing all a good weekend.
And any vaccine is going to take a long time to get to the market. Which countries go first (USA will be taking first pick), obviously front line people first not broader public, logistical challenges of rolling it out (I understand that need -80c facilities which are not common place, continued vaccine scepticism - potentially justifiable when it has gone through quicker than usual clinical trials - all this with phase 3 still to be signed off. It's been a real market over-reaction.
COVID impact on society is not going to be changed anytime soon in 2021 just because of today's news.
Here's hoping. I am not concerned about this level of volatility which was foreseen by most GGP watchers. Would be quite happy topping up with any level that dips below 3 with longer game/further announcements to follow in mind.
Or the light at the end of the tunnel is a flamethrower. I'm too far below average to back out now. Hold on tight - scream if you want to go faster!
It's still only 3rd proper working week in 19, results will come when they come.