breakout, page-13

I think we are likely to get a 1-2 month reversal. The prevailing mood amongst analysts, columnists and traders seems to be lightening somewhat over the last few weeks with bad news being punished less severely and bad days being relatively mild.

This suits me fine, I can take some profit off the table at fair prices and then re-load on the next weakness. I'm starting to like the bear market now - plenty of opportunities in oversold midcaps - and if the trade doesn't work out your are still holding an asset worth much more than you paid for it that will pay you your money back twice over once the market thaws.