By Malcolm Stacey | Saturday 20 November 2021
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.
Hello, Share Scramblers. This ageing punter has seen it all before. When the Footsie is stuck in the mud for weeks, it’s a sign a handy jump is on the way. The typical path of shares now is three steps up and two back. This means very slow progress. So we need to be patient.