Perfect example of sell the news, sometimes you get it right aaaaannnnd sometimes you get it wrong.....
Today was sell the news on volume, should I be surprised, well no in this market, yes on the back of what I thought was confirmation of additional and solid revenue streams. So I am breaking all my trading rules and holding this one. Some never ever average down, then again some do. With SDM I am going to do the latter as it is a long and the FA is strong. Profit taking day across the board and SDM no different. Now just have to work out where the bottom is.....
Cheers
GF
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