The markets are all down 3% this morning, FTSE 5499 and Dax 8700. If wall St opens down 3%, then the SP500 will break below 1800, signalling the next step down. Where is the low, no one knows, but I am looking at FTSE 4800-5000 as a target this year, another 10-12% down, so still time to wait for a good buying opportunity.
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