“This week’s trading has reminded everyone that in the stock markets all eventualities are possible and that for the available investment capital the motto “stay alive to fight tomorrow” applies,” stresses in his weekly commentary Mr. Petros Steriotis, a certified technical analyst and member of the British Society of Technical Analysts.
“The widespread view that dip buying will prevail again will be judged in practice. Similarly, the ‘panic crisis’ that started on the inflated tech Nasdaq and in Japan does not imply that profitable Greek listed companies with tidy balance sheets and a positive outlook will not continue to appreciate,” he adds.