I wish no offence to those who believe in Santa (rallies) such as comrade Stacey not to those young whippersnappers such as Mark Howitt who see every sell off as a buying opportunity. But I have been warning for months that UK Equities were simply overvalued and that remains the case. Their advice to buy on the dips and not on the dips has been flawed. I am vindicated and I shall be more vindicated and so today I explain why shares (FTSE 100 down to AIM) are not for buying just yet.
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