Midday Market Roundup 30/07/08
Our market is up 98. The SFE Futures predicted an 84 point rise. More than a couple of comments from colleagues about how ridiculous the market is at the moment...volatility is massive....and "what chance do you have" trying to trade it. The reply is to say that extreme volatility is often the pre-cursor to change - after a 28% fall in the market....lets hope so. Financials up 3.4%, Resources also up 1.8%.