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2 Days without bad news … here comes the UK

After 2 days of FED induced squeeze … rather 1 1/2 …

here comes bad news from the UK

Yesterday some members of the MPC cancelled trips, to monitor the situation as a spokesman of the BoE was quoted.

Today, rumours fly … some hedge funds are said to be close to going under and seemingly HBOS has problems.

HBOS is the largest UK mortgage lender. (They denies liquidity problems, but WHO believes it)

And this in expiration week …

So take care …

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This entry was posted on Mittwoch, März 19th, 2008 at 10:04 and is filed under FDAX. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

4 Responses to “2 Days without bad news … here comes the UK”

  1. Wim Says:
    März 19th, 2008 at 20:14

    Nice site Oli…

    Markets tanking now - 230 pts on the Dow and -27 S&P….. Hard time trading this market though…

  2. Oli Says:
    März 19th, 2008 at 21:44

    Thank you, Wim!

    Yes, high vola … and manipulation … difficult … only intraday tradeable for me …

  3. Noble Says:
    März 19th, 2008 at 23:54

    Thanks for sharing your experience Oli… interesting times… lot of fear in the bond market and reverse carry trade… You might be right with the UK troubles.
    Let us know if you hear anything more substantial…. I’m sure “they” are trying to contain it right now… “nothing to see here… move along” :)

  4. Oli Says:
    März 20th, 2008 at 00:13

    Thanks Noble … we both know, that “they” are outright liers …

    I try my best … Oli

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