Thursday, March 20, 2008
You wouldn’t touch them with a bargepole
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 (579 views)
4 thoughts on “You wouldn’t touch them with a bargepole”
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Fools says:
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?
paul says:
What are you talking about Fools? Who is buying oil at $108?
Are you lost? Were you looking for something else?
Fools says:
@ 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 ……
Fools says:
http://www.moneyweek.com/file/43698/us-rate-cuts-will-push-oil-up-to-120.html