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How many investors were put off by this remains to be seen...
Reading advfn boards & a pe ratio discrepancy was mentioned. H&L had it out by a factor of 10 because of forex. (HL shows pe=50, should be ~5)
50p minimum based on fundamentals.
China's not engaged in any conflicts & has a massive cash pile to spend on shopping while the rest of the world goes to hell. BUY
What comes down must go up. Stock market physics.
Interest rates aren't likely to go up for years in US & UK. $Trillions of bonds have to be paid off 1st. Stay in stocks.
Strong dollar means boost for China for Xmas
I believe the shorters are keeping an eye on this forum
The short sellers were responsible for the drop. It's too bad for them that I'm stubbon as a mule.
Within a week this will be 50 again
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