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The FTSE 100 rallied near the previous high yesterday after Mario Draghi spoke at the ECB press conference

By Thierry Laduguie | Friday 6 March 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


People are still listening to what he has to say. In a few months time they won't listen anymore, from positive mood investors will become more pessimistic. I can't say why or what will cause this change of mood, but I have observed this behaviour for many years. Nothing has changed since my last article, a major correction is expected between now and June.


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