RE: Would I be lieing............31 Jul 2022 09:42
The thing is, there are always going to be new investors (and traders) if they just go by the headline news. Which, in isolation, have been really good of late. Things that we have talked about at length, like getting a MoD contract, having actually come to fruition. You could read their coments on the day of the M55 contract. Comparing the size of the conract(s) to the Mcap and suggesting that such a disconnect could only result in an upwards movement of the SP.
Maybe Fridays movement was just a delayed reaction. lol
"Was anyone expecting this rise?" I was expecting something to happen at some point that's why I kept buying as it kept going down. And that's why, as I said on Friday morning, "throwing caution to the wind I'm still accumulating". I had to sell something else to do so, though. But, it worked, for a change. lol
But I won't be sitting on gains for too long, that's for sure.
Being an investor here hasn't worked out very well so a change of tack is required.
Watch the charts, take profit and take it often, that is my new mantra.
GL on your own strategy. :)