Thursday 4 August 2011

Ftse plummets

FTSE plummets as investors run scared from eurozone crisisEuropean Commission president José Manuel Barroso

Jose Manuel Barroso: urged "a rapid reassessment of all elements" of Europe's bailout funds

On our recent "how far has the can been kicked" Eurocrisis compo ... who had fourteen days?



9 comments:

Timbo614 said...

I told ya so :)

James Higham said...

I scheduled a post on this three days ago for tomorrow and the b***er caught us before it went to air. Damn - no consideration, these markets.

Laban said...

S&P heading for 5% down ... I hope CU's out of all those small oil stocks - but he did make 100% last year.

CityUnslicker said...

Laban - nope I am a nice 60% down on the year, could not even get the liquidity to sell most of em. stuck with it to ride it out. At least I don;t use leverage.

still, 1000% up from 09 so its all profit, still big numbers to digest.

CityUnslicker said...

salute to Timbo - correctomundo dear sir.

Laban said...

I guess a 10-bag style return in 3 years must cushion the blow a little.

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