Wednesday, May 30, 2007

Pre market

The markets in Asia are red with China down 6.5%. Europe is taking it on the chin. Looks like we may have a down day in the US markets unless something dramatic happens.

A "'dramatic contraction' in the Chinese markets is not likely to affect international markets according to experts. Lets see what happens today.

Goldmans hedge fund is down 3.4% through April with losses in the currency market. Betting against the Canadian Dollar is not very profitable eh ?

I will be on the road the next few days. I will not be blogging till Friday.

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