RE: Positive day coming up12 Oct 2022 13:48
Done well to get the average down to 85p. I would also feel a lot better at that then in triple figures.
I sold all my holdings except THG in August due to seasonality. The data shows that September, on average, is a poor month, but that markets improve from October into year end. The problem is that this year could be an outlier with so many different problems all hitting at the same time. I did see a tweet from a website that I think is really on the ball. In the US market, they are currently in a share buyback blackout period right now. That is due to end on the 25th of October so SHOULD in normal times be a tailwind to the market. And as we know, in normal times, where there US leads we follow. So I have money ready to deploy but am just waiting until end of October to see if seasonality does kick in or not.