I see a few "hot" stocks are beginning to retrace. I said I felt TFC was just too high a few days ago and Merrydown (MYV) also failed to break through the critical 100p level so both look likely to fall back even further now. Similarly Victoria (VCP) failed at the 400p level. YOO at 50p is another faller.
Just a blip or perhaps investors are cashing in a little of their big winners?
Having said that, I am suprised that we have not seen the second liners down rather more at the end of the year. The instits clearly want to stay heavily invested in equities.
