Sometimes you just have to take a deep breadth. And though I sometimes avoid information for fear of it influencing me adversely [journalists who know NOTHING talking up a situation], today I read the FT first thing.

Yesterday’s drops could be the start of a big fall. But i’m gambling it’s not. After the fear of today has subsided, I expect a rally. But I also expect a lot of volatility in the coming weeks / months [until something significant causes balance] and so I expect to make short bursts of quick profits.

From watching the charts, I can see that many investors have the same idea. There’s a lot of buying going on amongst the selling.

But like I said yesterday, things are looking cheap from a certain perspective. So even if I buy today and we’re not at the bottom of the trough, I am pretty confident that I am buying at a low enough price that will eaily be surpassed shortly.

Unless I’ve got it all wrong. Which puts me in the same club as many other big names. Nobody knows anything.

I have what I call a market-stall approach. The stocks for me are just like bananas. What are they worth today? How much can I sell them for later? How many do I buy? How much working capital am I risking? How perishable are they?

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