5 ordspråk av Roger Cursley
Roger Cursley
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We've got triple witching tomorrow. There's probably a good chance that we've got a few more days of momentum. The market wants to test the 6,000 level, it may well break through it short term.
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It's incredible momentum. The market just seems to have taken up from where it left off in 2005 with a lot of cash washing around from all the bids going on and a lot of bid speculation still about.
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Some of the sectors that have gone so far like miners and the oil stocks are due to come back a little, and it doesn't take much in those big sectors to take the index down.
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It has been struggling either side of 6,000 for a few days now but it's been a fantastic first quarter. We've had a good run, buoyed up with a combination of takeover hopes and strong commodity prices.
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The market has had an extremely good run since October and it was due a pause and a bit of profit-taking. I would not be surprised if we get a little bit more.
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