A couple of bad days do not make a downtrend but we are slightly more alert to the risks of a relapse this morning after warnings from the US medical experts about the damage coming out of lock-downs too early could cause. The market is still in a sideways pattern despite the falls, waiting for the break one way or the other. We have a quick look at the stocks that have done well and badly over the last couple of days as a template of what would happen is the market did fall again. Boring quality outperforms and high PE sentiment driven stocks sell off as do sector specifically in the line of fire from the virus. A useful insight of what to do if things turn down. We do happen to have taken a few profits today but not on a strategy decision, on an individual stock assessment.