Commodity Brokers News
Spurred On Or Just Bouncing With Cats
Wednesday October 29, 2008
WHEN the stockmarket goes through a meltdown, several days of successive declines are often succeeded by a small upturn. It might appear that the worst is over, but all too often it is what old financial sector hands call a "dead cat bounce" and the market usually continues to fall until it finds its natural bottom.Mitsui's Nexus Break
Wednesday October 8, 2008
OIL has stayed relatively strong in the commodity market meltdown, but not strong enough to stop Japan's mighty Mitsui from walking away from a $350 million deal to acquire a 25% stake in a Browse Basin project from Nexus Energy.News Archive
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