06-28-2016, 10:30 AM
Might be missing out on good buying opportunities. I thought there would be more of a general crash but the London Stock Exchange took a pretty big jump today (so far).
FTSE 250 had peaked at about 17,300 before Brexit, then fell to 14,967 and today it's back up to 15,500.
FTSE 100 had peaked around 6300, then fell to 5980 and now is back to 6140.
Panic selling meets opportunistic buyers, I assume.
Pound still lost a lot versus the dollar, though I read that basically helps a lot of the FTSE 100, which are large companies that do a lot of business outside of Britain.
FTSE 250 had peaked at about 17,300 before Brexit, then fell to 14,967 and today it's back up to 15,500.
FTSE 100 had peaked around 6300, then fell to 5980 and now is back to 6140.
Panic selling meets opportunistic buyers, I assume.
Pound still lost a lot versus the dollar, though I read that basically helps a lot of the FTSE 100, which are large companies that do a lot of business outside of Britain.