Traders create the swing, investors create the trend.
This particularly relates to VPG at the moment. Traders feast off one another in the main. Some win some lose.They are predictable from a chart examination as most of them trade using charts. That trading perpetuates the myth that charts work. So expect the swings to continue, trade them if you wish but settle for .5 to 1.5c a trade.
However the trend is up and I see no reason for the trend not to continue up in the medium to long term. This CFC has provided investors to make sound long term investments and the likes of VPG. An opportunity like this has not been around many times in the past 50 years. I speak from experience as I have been investing for more than 50 years.
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- traders create the swing.
traders create the swing.
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