Hi Folks,
I've been burnt on this one too, probably the most decent loss I've ever made in $. Think I paid for prospects, and an emerging track record.
Atm Mr Market won't pay for prospects, nor for anything but the soundest track record. Mr Market is not prepared to take a risk atm, has no new money for specs, and is still trying to liquidate his existing spec positions despite lack of buyers.
We could suffer for a while, possibly only the most tangible robust results will get more than a couple of days reward, as more exit on any weak rally.
EL
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