Jagged journey.... IDS World Markets Tues 16th March 10
#1
Posted 15 March 2010 - 08:09 PM
#3
Posted 15 March 2010 - 08:11 PM
#5
Posted 15 March 2010 - 09:01 PM
My mother fell victim to a botched vascular procedure at a clinic. Being as she is 87 and a diabetic we felt that a procedure to treat an "interior varicose vein" was unnecessary at best. During the procedure an artery to her foot was damaged and even when she complained of extreme pain and three of her toes turned black the clinic refused to accept there was a problem.
Fortunately my brother intervened at this stage and with the help of a GP moved Mum into hospital and under the care of a vascular specialist who diagnosed dry gangrene. His treatment has worked well with the next step being plastic surgery.
If you remember, my father died late last year and poor Mum was really only just getting to grips with that event and now this happens. She is feeling very anxious and insecure so that's why we feel one of us should be with her for a good portion of the day.
Unfortunately I won't have access to a computer so I will no doubt go through a bout of trading/forum withdrawals.
#6
Posted 15 March 2010 - 11:09 PM
#9
Posted 16 March 2010 - 01:51 AM
In spite of an uptick at close the overall action was bearish. All Ords closed up a mere +0.2% with piffling gains in most sectors: Telecomms was an exception, +2% with the next highest being Healthcare and IT, both +0.7%. On the downside, Utilities -0.7%, Energy -0.5% and Consumer Discretionary -0.4%.
No traction in Asia: China -0.2%, Honkers -0.4%, India flat and Nikkers -0.3%.
On to UK/Europe:
Footsie
DAX
CAC 40
#10
Posted 16 March 2010 - 01:54 AM
#11
Posted 16 March 2010 - 04:54 AM
March 16 (Bloomberg) -- European finance ministers laid the groundwork for a financial lifeline to debt-stricken Greece, breaking a taboo against aid to cash-strapped governments in order to avert a crisis for the euro.
Officials from the 16 countries using the currency worked out a strategy for emergency loans in case Greece’s plan for 4.8 billion euros ($6.6 billion) in tax increases and wage cuts fails to stave off fiscal disaster.
The meetings resumed at 9 a.m. today with all 27 EU finance ministers. The agenda also included proposals to clamp down on hedge funds and credit-default swaps.
Aid to Greece would probably come through governments pooling funds to extend direct loans, said a European official who asked not to be named. The meeting didn’t resolve the size of future loans, which countries would offer them or how long they would last and cost.
#12
Posted 16 March 2010 - 07:27 AM
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#13
Posted 16 March 2010 - 07:29 AM
#14
Posted 16 March 2010 - 07:32 AM
#15
Posted 16 March 2010 - 08:09 AM
Take care of your Mum, we'll take care of the Board.
Churchill
"You can fool some of the people all of the time."
Lincoln
"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered."
Jefferson
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