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Three Things

Firstly, a very bad limerick:

In 2008 the markets recoiled
From an oil price that had OPEC spoiled
They all laughed up their sleeves
As our senses took leave
And our underwear all became...

Secondly,

Very quietly the markets are coming off. Where now the pundits who called the bottom of the market?

Thirdly, and most importantly, sell Barratt Developments. I just went long of them.

How much further can the markets fall? Take a view at ChoiceOdds.com

Lies, Damn Lies and ...

The FTSE has dropped over 250 points so far in June. It only lost 33.8 throughout the whole of May.



The DAX looks even more nervous, having shed 331.4 points this month. Coincidentally, the Dow has lost 331.0 so far in June.



What's more the DAX has lost over 1300 points in 2008; the FTSE has lost just half this amount.



Although most recently popularised by Edward Lear, the oldest recorded poem following the metrical pattern of a limerick was written by Thomes Aquinas.

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