daytrades may 24 morning ..., page-44

  1. 524 Posts.
    $AUS getting hit again, under 82c now.

    People selling into the first 30 minutes of trade to reduce losses after getting whacked on Friday.

    Also this from Europe:

    "Weaknesses in the Spanish financial sector were exposed over the weekend when the central bank rescued CajaSur, a savings bank that was crippled by losses related to real estate and was unable to agree on a merger with a bigger rival.

    The Bank of Spain, the central bank, announced Saturday that it had taken over management of CajaSur, appointing a team of administrators and injecting about 550 million, or $691 million, from a special restructuring fund to keep the bank, based in Crdoba, in the southern Spanish region of Andalusia."
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