Right Time31 Jul 2019 09:41
I have Lloyds on my watch list but have been reluctant to buy even though I am changing my portfolio to a long term instead of short to medium. Whilst the rare day trade is fun I am avoiding it these days in favour of enjoying life away from screens. Today I have considered that perhaps the time is right to buy a load but my finger as failed to press the buy button. I have been put off not by Brexit but something much worse. Our politicians have taken their eye off the bigger picture of how the country performs. UK plc is on the ropes as law and order has broken down. This week I had reason to visit an A and E (Not for myself) and what I saw was chaos. The problems coming through the door was gob smacking. There where four police on the door. One told me he had been there for seven hours!! I visited an east coast town centre. It was dead and locals said they now avoid it. What I have decided is that Lloyds is still not in the right place and will hit year lows soon.