IIFT Daily Note with Peter Brown

Asian Bounce

Posted by:  |  Time: 7:15 am  |  Topic:
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Market rallied from lows on news of an IMF loan for Italy of possibily 600bln. Rubbish in my view, but caused a nice bounce.

We are going to have that sort of thing continually in the run in to Christmas. Market is still a sell on every bounce untill we get something concrete.

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