Ithaca TrendPost from onedb1 on interactive investor. onebd1 is a fundmanental chartist - i.e. a chartist who also understands the fundamental value within Ithaca. onebd1 pays far more attention to charts than I ever will although onebd1's post are interesting and well worth a read. This post states the obvious to some extent but given the recent panic among ii readers! I think that the investing climate in the UK is made much more difficult by the approaching European in/out vote. Our PM recently gave a long speech referencing the European wars of the 20th century suggesting this is where we may end up if we vote to leave. The leading Brexit politician then stated that the Europeans want to control everying just like Hitler did. The European debate is fast becoming a national embarrassment and the extreme rhetoric deployed on both sides of the debate is unsettling for business confidence and investors alike.
onedb1:
Marching upwards slowly but steady ! Just the way I like things . Trend keeps on staying on track . Only a mad man would try and catch a falling knife and only a madman would trade against the below chart . Stick to the basics . Trend is your friend 