fundamentals remain- forget dickson- whatever!, page-11

Meerkat,

i don't think its relevant really seeing as its only 1 man of many.
It was one sole investor who was being opportunistic who was facing some free profit, it's not even close to a fatalistic fundamental change!
Frankly, why wouldn't you take profits when the market had you by the short and curlies after taking profits themselves?
Wouldn't you have done taken a 300%+ profit?

It's only about numbers, not the play and i say good on him!
He's only human and Christmas is coming, along with some rate rises. The market doesn't follow 1 man - they follow a wind.
And the wind is pushing up in general, now that the 50% retrace has come. He simply anticipated it, like any good trader. 1 director selling is very rarely followed by a torrent of negative fundamental changes. 3, 4 Directors selling - now thats a nasty situation, but not this one.

L