Tuesday, Feb 27, 2007
First one to blink!!!
Reuters: FTSE tumbles 2 pct on China fears
"What a session. A stock exchange fall-out in Shanghai, indifferent data on inflation and durable goods exacerbating the downbeat sentiment of a creaking economy ... and geopolitical threats from Iran," said David Buik of Cantor Index.
"That all looks like a very intoxicating cocktail of despair indeed," he said.
Posted by tyrellcorporation @ 07:24 PM (34 views) Add Comment
3 Comments
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1. bingo said...
So,,, Gordon turns out not to be the cleverest man in the world after all. He didn't realise that when you promote a global economy and a country on the other side of the world (China) sneezes, we catch a cold... I have been watching CNN Money for the last few minutes and Wall Street has just imposed trading restrictions on the rest of the session to limit the Dow's freefall.
2. enuii said...
Sh1t, SELL, SELL, SELL!!!!!
3. Minftse said...
BUY, BUY, BUY!
Doesn't look half as bad as last spring!
Cantor Index make it very easy to sell something you don't have. They make their money regardless, if it falls or rises, they make their money on the spread. Take their word with a pinch of salt!