question for the oldschool holders..., page-2

Nick, Providing it's for a long term hold, I don't think it'll matter when you buy.

The future price should be a lot higher than now.

If it's for a mid term hold or a short term hold, I suppose there's always a chance of a pullback to enter.

We DO have a gap on the chart (2.35?) - it may be an exhausted one by now - I haven't been taking too much notice of MAK lately as it's in my long term kitty.

We're also nearly in MAy when some people start to thin down portfolios ready for Tax year end - though I think as MAK has been such a brilliant stock, we will probably see people holding instead ot look for the CGT breaks by keeping them over a year.

So - my long term prognosis is still up - but it'll never be in a straight line!
Your time frame and pocket will dictate whether you jump now or look for a retrace at some stage.

Most of us in the long term basket don't worry about the retraces now, as it usually bounces back stronger than ever. Been a progressinve and regular pattern.


Back to my taxes again or I'm in trouble!