Thursday, 1 March 2007

DOW TURNS NEGATIVE AGAIN !

1 March 2007 - 21:15

DOW finished down 34 points. John Bollinger says it's a one-off event which has led to buying opportunities in the hardest hit sectors. Good - let's hope he's right - but maybe best to wait till Monday.

Dell reported results after hours which were not as bad as anticipated

Finally on Greenspan, I am of the opinion that he was never very good at what he was supposed to be doing, and he was abysmal at expressing himself, plus people attach far too much importance to his opinions. But I will let him have the last word, as he once famously said :

"I guess I should warn you, if I turn out to be particularly clear, you've probably misunderstood what I've said."



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