As Benjamin Graham noted: "In the short run the market is a voting machine, in the long run a weighing machine."
The market is made of thousands of individuals making decisions for many various reasons. A large proportion yesterday were possible driven by their emotional response to the share price gyrations.
Goodness knows what will happen tomorrow. Thankfully I now only invest long term & don't attempt trading short term.
Looking forward to the HY17 results.
NEA chart, page-195
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