Long? Wrong!

Well after my last post I am stunned that the market dropped so much, as reality and stockmarkets don't usually correlate.
I still remember Barclays announcing a profit of £533 million in either '91 or '92 and promptly announcing the sacking of thousands of staff-nice business.
Of course the markets have bounced back big stylee- all that lovely cash sitting in GS accounts allegedly, as our own banskters get their snouts in the trough too. It's the banks and the miners that move ftse, but I've always said buy BP if it goes under a fiver-didn't do it myself of course,and now a big bounce from 470 something to 520- 10% on a share is huge in my world of options.