We've been in and out of positive territory a couple of times. The resilience and underlying momentum, which is very much weighted on the buy side, is still there.
More Quotes from Ryan Wibberley:
That's not a bad number. But I think the market was obviously expecting an upside surprise which never came.Ryan Wibberley
There was a big disappointment that fourth quarter growth (for 2005) was below expectations.
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Fund managers can at times indiscriminately pull the plug on some markets, and normally sell in baskets.
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There had not been much position-taking ahead of the decision, so the reaction was muted.
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There is a massive amount of speculation as to what kind of corporate action is at play in the coming year.
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