Looks like a red day today. Hopefully not all day, it would be nice to hold what we have gained. I love it when the market analysts go on about ‘worse than expected news on policy, easing of interest rates etc.. blah blah blah. They can never put it down to the obvious. There were 2 or 3 days of positive growth across many areas, and now traders are saying, “Yippee, sell sell sell, get some profit!
Expect some profit taking most probably today, plus some panickers. Hopefully we can bear it and keep going up, but reality might bite and win the day.
GLTAH. Onward.
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