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Old 10-26-2008, 10:22 PM   #1
vesta
Avalon Senior Member
 
Join Date: Sep 2008
Location: Rural NSW, Australia
Posts: 141
Default Monday Morning Madness in Oz.........

Hi folks,

the market here in Australia is following the closing patterns of the US on Friday and taking a bit of a battering...here's a few links to peruse:

Dollar Dives as Investors flee to greenback,
http://www.bigpond.com/news/business...27/2401710.asp

Local Shares dive again amid Asian Rout,
http://money.ninemsn.com.au/article.aspx?id=652956

Australian Funds in Crisis after Bank Guarantee,
http://money.ninemsn.com.au/article.aspx?id=652712

since the majority of European and banks of the Americas are yet to start their new wk's trding this should be interesting to see the repercusions over there as well.

Blessings,

Vesta

Last edited by vesta; 10-26-2008 at 11:43 PM.
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