Ivanovich, firstly im a complete chart sceptic, so talk of triangles and the like go straight through to the keeper for me. I think short term the SP will pull back to around 1.2. The half yearly doesnt really include anything exceptional or anything beyond which the market was expecting (either positive or negative). My position remains that once stable transaction numbers are known in light of DC and the recessionary environment that we are in, the S/P will respond accordingly (the lower the reduction in transactino volume, the higher the share price - a nice inverse relationship!!).
Ivanovich, firstly im a complete chart sceptic, so talk of...
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