The recent correction has changed the view of many market players, who feel tired and exchanges without themes. “Our vision is not good,” says Conrad De Iudicibus, manager of BCI Asset Management, “The rebound was there, but with low volumes. The scene that opens in the near future and will be bearish sentiment has changed the early months of the year. The method used is selectivity. still believe in the new economy, but the themes winning return to racing until the summer. continue to a downhill supported, but the decline will be less violent, and involve more titles and themes of the New Market Tmt. The New Market has indeed lost some 40% of its maximum. We also changed our view of investing and we moved close to the benchmark, reducing the areas that have grown too. We therefore dusted off banks and insurance companies, as well as titles in the luxury segment, positioning them in particular Bulgari, Safilo and Ittierre. Our choice has fallen on even defensively as Autogrill and Airports of Rome. “