Brokers are notorious for being on the wrong side of every trend 80% of the time.
If they downgrade, they are usually limiting their embarrassment from a previously issued upgrade.
I am a happy accumulator today. Using the Californian gold rush as my cue, $18.49 was my accumulation price.
Day to day fluctuation in the price of stocks held by underlying long term investment funds seems to me to be the tail wagging the dog. I accept I could be wrong, but I would prefer to see the back of an animal running away, than the front of it chasing my bum.
GLTASH
Brokers are notorious for being on the wrong side of every trend...
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