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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: HairBall who wrote (32997)11/3/1998 8:50:00 PM
From: flickerful  Respond to of 94695
 
ft 4 nov 98

London unmoved by Brown's speech

The chancellor of the exchequer's pre-Budget speech helped turn the FTSE into negative territory, but Gordon Brown's forecast of 1-1.5 per cent growth for the UK for 1999 had limited lasting effect on the market. The FTSE 100 closed down 21.6 points, or 0.4 per cent, at 5,503.9. Marks and Spencer, the UK retailer, saw its shares slump by more than 10 per cent to 404½p after worse-than-expected interim results.



To: HairBall who wrote (32997)11/3/1998 8:55:00 PM
From: The Perfect Hedge  Read Replies (1) | Respond to of 94695
 
I sold today.I lost 50% and couldn't risk it bouncing back up.It's such a joke cause that co is soooo overpriced but I think after X-mas a Mar 30 put will be a 10 bagger..Seriously,these guys will warn...

B*