The (European) markets on Wednesday are buoyed by some fantastically good figures from SAP, which have come on the back of things improving in New York and then that was followed through this morning by some very good (technology) performances in Tokyo.
More Quotes from David Buik:
Michigan Sentiment may be the key to activity today. Otherwise it may be a case for waiting for some confessional news next week and the next quarter's results from Morgan Stanley, Bear Stearns and Lehman Brothers often a good barometer of economic and business activity.David Buik
The U.S. equity futures market looks in good order and maybe this could be a session where some much needed progress can be made. The key economic data of the week is posted today.
David Buik
There is little sign that the retail sector is going to pick up in the U.K. ...We got adequate figures from Sainsbury's this morning, but they were already priced in.
David Buik
The market has a very strong undertone to it and would seem reluctant to surrender too much of its recent gains. Very strong and robust turnover yesterday ventures to suggest some serious commitment to the market place.
David Buik
It's definitely the end of the PC market as an expanding industry. I suspect other companies will be looking at similar mergers.
David Buik
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