Hi y'all,
I note that the market finished at 5384 yesterday, below the barrier for a rethink. This morning it has bounced back over 5400 but only to 4011 to date.
Which, to me, means cheap prices on good stocks. To you? decision. I'm buying.
The volatility and downwards charge has been due mainly to China. They devalued their money 2 days ago, saying it would be a once off, about 2%. Yet, yesterday they did it again and it was revalued down by 4% this time. Very weird stuff.
But markets have been positive about it in the US and here so I say buy.
Note though that in Europe et all their markets went down seriously. 3 -4% and less. So if I'm right, great. If not, hmmmmm, rethink.
I note that the market finished at 5384 yesterday, below the barrier for a rethink. This morning it has bounced back over 5400 but only to 4011 to date.
Which, to me, means cheap prices on good stocks. To you? decision. I'm buying.
The volatility and downwards charge has been due mainly to China. They devalued their money 2 days ago, saying it would be a once off, about 2%. Yet, yesterday they did it again and it was revalued down by 4% this time. Very weird stuff.
But markets have been positive about it in the US and here so I say buy.
Note though that in Europe et all their markets went down seriously. 3 -4% and less. So if I'm right, great. If not, hmmmmm, rethink.
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