A bouncy day so far for the FTSE which seems to be back into following the US futures mode. FTSE down 12 CAC down 39 DAX down 57 DJ Futures down 44
Apart from that we are waiting for the US again
According to two experts on CNBC (Neil Shah and Ian Morley) the uptrend still intact - this is an overdue correction and an overreaction overreaction. Both were positive on tech stocks - particularly the large caps e.g. Google - an interesting statistic - we spend 30% of leisure time online - and don't forget the work time we wpend online, but only 4% of advertising spend is onlne so lots of room for increase.
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