An account was the bar on Friday, a stock exchange day that if it was closed was better, an account is the bar on Monday, which coram populo preaches the upside </p><div>
<! - <EdIndex> -><p><em><strong>of Emilio Tomasini - The Independent Stock Exchange</strong></em>
Monday 4 November sent me completely on tilt. When you preach the upside and you risk it you will always be upset because if you bought it you could buy more, if you didn't buy you have to buy and you feel late … moral you're always out of touch with the market and you realize that it gives you almost annoying, like feeling at ease in one's shoes.
An account was the bar on Friday, a stock exchange day that if it was closed was better, an account is the bar on Monday, that coram populo preaches the rise.
But there is a problem, as readers love when I talk to them. How many times have you heard me to tell of the great rise that would have come to break the historical resistance of 25,000 of the Ftse All Share?
To show it to you, I had to go out of the drawers to find the workspace of the “historical” graphic designers from Comit, the historic MIB and the singing company. Stuff I do once every 6 months.
From 25,127 to 26,890 of the FTSE AllShare as in the toponymy of the great war passes the trench of death. Here, three powerful shoulders against the Isonzo broke, here there is the smell of death everywhere.
Here among the corpses there is also that of Tomasini, which for 3 times with an indomitable heart hurled itself against the obstacle but 3 times it was cooled by enemy fire.
What to do now that we are in the fourth?
The game is clear: buy, buy, buy.
We don't escape, we don't know if it will be or not will be the right time.
What we need to do, as always, it's buying with judicio, waiting for the targets to hit the mark and not rushing to the revenue that if it is true that we return to 40,000 of FTSE AllShare there will still be time to do.
Calm and chalk.
It is true that when it's darkest it is the closest night is the dawn. The sentinel knows it and we know it. But we do not see and we do not understand how this really is the minimum point on a macro level and above all on an Italian level.
Then if one day we will see the infantrymen breaking above 26.980 we will also play the trumpet and I will be the first of the first ones there beyond the parapet of the trench.
Until then, I repeat, keep an eye on the pens.
The risk is to find oneself with a box planted in front, that is full like little eggs in a collapsing market.
We therefore proceed with caution.
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