The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Yes support of 300 broken but it had held 4 times prior to this...nonetheless only have to look at the ftse as for the reason why...
Rumours circulating fed will introduce more stimulus measures tonight to keep markets propped, coupled with news of air bridge confirmation...really don't mind holding overnight :)
Expect to see 1700 levels over this and upcoming week...
Now that the market rallies are over and the ftse is down...
@Mike...everything you said was already known while market was open and the SP went onto finish at its highest point for the day...on a friday too where usually you get a weekend sell off...that's saying something...
See you all at 350+ next week :)
@Candid very very little chance of a placing at these low levels of SP...
Lets not beat around the bush here, these dramatic statements are being issued by IAG to bolster their case to lay off 12k staff with minimal uproar...as you can see MPs are already getting on IAGs back, hence BA didnt turn up to meeting yesterday. IAG know full well what game they playing.
From a business and investor point of view it's great.
From an ethical point of view, it's nothing short of disgusting!