That really was encouraging today. A new level achieved on good...

That really was encouraging today. A new level achieved on good volume with a couple of serious buyers.

Is it too early to give a small pat on the back to those of us labeled as “irrational optimists”? After all, we have held firm in the face of quite a bit of advice in recent months to head for the hills. For example:

”fundamentals are clearly indicating share price is going to drop”;
”crazy for not selling even when it’s obviously going to drastically decline in share price”;
”blindly believing what you want to be true”;
”learn about psychology as step 1 before trading or investing”;
”maybe you might buy some as a learning experience”
”if you think things are looking good you’re just lying to yourself”.

And when one irrational optimist ventured that “the share price is poised for a good rise” this was met with “not sure if that’s optimism or desperation, but it has nothing to do with reality”.

Finally, and most impressive of all, we held firm in the face of a clear unambiguous warning that “a double top AND a squeeze top are now present”. Victoria Crosses all round!