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Thursday, November 6, 2008

Nov 6th. Profit taking and recession fears influence markets

After the recent rally and the election optimism it's profit taking, uncertainty, scepticism and recession fears across the board. Second down day in Europe.
Difficult 100 days ahead, waiting for new initiatives and exploring green technologies.
Markets decline wordwide, Asian markets negative Hang Seng slumps to lowest level sinc september 2006. Resources and commodities hit, indicating lower growth.
Stock markets heading for new lows. Tough end for the year.

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