Thursday, Mar 20, 2008

You wouldn't touch them with a bargepole

MoneyWeek: Why you should keep avoiding banking shares

Just a year ago, the idea that you could spark a double-digit fall in the shares of one of the UK’s biggest banks simply by sending an anonymous email round a few trading desks would have been ridiculous.

But then, a year ago, the idea of a run on a British bank – even a jumped-up bit player like Northern Rock – would have been laughable. Now we’ve seen the demise of a venerable Wall Street institution too, no one seems safe...

Posted by damien @ 10:51 AM (245 views) Add Comment

4 Comments

1. Fools said...

thanks for the tip Merryn & Co., and there was me thinking all the volatility has gone out of the markets!! By the way how are how doing with your buy of oil at $108?

Thursday, March 20, 2008 12:12PM Report Comment
 

2. paul said...

What are you talking about Fools? Who is buying oil at $108?

Are you lost? Were you looking for something else?

Thursday, March 20, 2008 12:55PM Report Comment
 

3. Fools said...

@ Paul

http://www.moneyweek.com/file/43698/us-rate-cuts-will-push-oil-up-to-120.html


13/03/08 I’m still a buyer of oil at today’s price of $108 plus. In fact, I’m sticking my neck out and telling you ......

Thursday, March 20, 2008 01:27PM Report Comment
 

4. Fools said...

http://www.moneyweek.com/file/43698/us-rate-cuts-will-push-oil-up-to-120.html

Thursday, March 20, 2008 02:23PM Report Comment
 

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