tomj2417
Long

Change to bullish on this FTSE100 Trust

LSE:SMT   SCOTTISH MORTGAGE INVESTMENT TRUST PLC ORD 5P
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2
I've been calling a top on this FTSE100 investment trust for a while now without any success. This analysis is a total change of course as I am now suggesting that we might only now be entering a 5th wave and there may still be still substantial upside to be had here. The recent correction does look a bit small but with the way markets have been maybe that is the new normal these days. Of course, now I've changed my mind on this one it may actually produce the top! Time will tell as always.
Comment: Here I go again.....is that 3rd wave top for this trust.....?

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