David Fuller's view

This afternoon I topped up my long-term investment in the JPMorgan Chinese Investment Trust (JMC LN), because it temporarily oversold on a short-term basis.  I bought JMC at 184.85p.

I also reopened a long trade in the German DAX Index, buying the March contract at 10978.8, including all spread-bet dealing costs.  This is a partial purchase as I am a little late following the big breakout above 10100, so I am very likely to add to it either on a reaction or further strength.  Greece, Russia or just a short-term overbought reaction could bring the price back closer to extensive underlying support.  Nevertheless, I think Germany will move significantly higher over the medium-term, given Mario Draghi’s QE, competitive valuations including for the Euro, plus some recovery in regional economies.