Lately price sensitive announcements seem to be sold into as opposed to being an indicator of business confidence for investors to take positions. It almost seems as though the market is so fear driven that any good news gets sold off as people quickly walk away with their profit. There are only one day spikes, which now days rarely continue into a second or third follow on rise in sp. Do you find that the market is reacting differently to positive announcements, with profit taking being a priority rather than investment?
