RE: Blame it on Boris9 Oct 2021 18:03
What a load of nonsense. 26/9 the weekly MACD crossed down steeply and is still falling. The monthly has started a roll-over. Neither are heading back to health anytime soon.
Fact is you bought badly, don't blame externalities. Bond yields stand a chance of rising and even decent dividend paying tech companies will be hammered.
Clever money moves first (out) followed by the numpties. Same on the way in.
The high is in for a while, the clever moved out near that price and leave others holding the bag.
It's nothing to do with politics or Brexit. You might as well blame the move to Irish domicile that I think was not needed and not good. However, it's done, this will not breach this years high for 12 months or more imho.
BTW, looks like US (on the ground) has entered recession. It will be reported 3-6 months after the event. If so, GROW (no matter what NAV, NAV will also suffer in time after the event) can go down 30% or more from here - imho, dyor etc etc.
Cash will being for a while. If this pops a bit higher do yourself a favour and consider going to cash to buy back later.