Wednesday, Jun 06, 2007
Things are starting to look shaky!!!
ITN: FTSE closes at 6522.7
Shares plummet 2 per cent today and 14 % correction to come....
Posted by speculatorone @ 06:42 PM (146 views) Add Comment
4 Comments
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1. Orwell said...
Oh dear oh dear oh dear oh dear...
Looks like the markets have priced in a 0.5% rise in IR's
2. harold said...
Somewhat ironic that this should come so soon after the BBC trumpeted, "Bernanke sees US rebound ahead". Looks like the markets are not so sure. Almost makes you thing that everyone is now so cynical of the FED that they took Bernanke's upbeat assessment as a sign that things really are going down the pan. Lies beget more lies...
3. harold said...
Oh, and just in case anyone is tempted to believe Bernanke's fantasist ramblings, check out:
http://money.cnn.com/2007/06/06/news/economy/homes_outlook/index.htm?source=yahoo_quote
4. Vicmac64 said...
Yeah - if they are lucky - the 29 crash concurred with what we are seeing today - or so I am led to believe!!!!!!!!!!!!!!!!!!