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Online Share Trading

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The market seems gloomy....

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Super Contributor
Probably nervousness about the appointment of our new socialist leaning president,plus the inability of the Americans to take bold steps to help relieve some of their crisis....Then there was a run on an Asian bank not a good sign....what to do,what to do?
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10 REPLIES 10
Super Contributor
a run on an Asian bank? care to explain?
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Super Contributor
me thinks that most people might be looking for the dow to close the gap this morning hence the jitters
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Super Contributor
i saw the headline on CNN money,they have since removed it and relpaced all negative news,cannot find any reference to it now.
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Super Contributor
i saw the headline on CNN money,they have since removed it and relpaced all negative news,cannot find any reference to it now.
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Super Contributor
there was a run on a hong kong bank.
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Super Contributor
thank you John,i could not find it again and felt terrible,hate to have posted something i could not verify!
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Super Contributor
go look on www.bloomberg.com - there is a article on it there..
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Super Contributor
http://news.bbc.co.uk/2/hi/asia-pacific/7634895.stm Couldn't find anything on Bloomberg. Looks like they've had a cash injection though.
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Contributor
there is a link to the article from moneyweb. Below is extract: Li Ka-shing has proved again he's the Warren Buffett of Asia by stepping in to back Bank of East Asia as investors and depositor confidence in the bank slumped.
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Not applicable
The deal has not been made just yet, the market is rallying on anticipation. $700Bn is a great deal of money.
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