Today was a bad day but anyone could see what would happen once that announcement came out this morning. The fact that it has held here is big news. As I think I said earlier today, I'm just unhappy that I wasn't sitting on the sidelines with a big pile of cash because it would have been great to be buying up those 5s. As it stands, I have to wait for the inevitable bounce to get back to my average.
No way I'm ever selling into panic, that's a fools game. There will be plenty of opportunities to leave if we don't want to hold here for the long game and today was the worst time to do that.
Someone is sure playing games here because announcing like that before the bell mid-week was always going to cause maximum results.
That's all my opinion but I'm hanging in here to see what happens next. As are many others and a number of heavy buyers that stepped in today.
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