Headlines

[tsptalk]

The top news headline on The Drudge Report tonight is...

NEXT STOP 14K

Sign of a short-term top?

[Bullishreturn]

OK- here is a "Psychology" alert for your consumption:

Headlines this morning out of the United Kingdom:

A Bank Run- Hundreds of people standing in line to pull all their money out of the bank:

http://biz.yahoo.com/ap/070917/britain_northern_rock.html?.v=11

Tell me this is not 1929 all over again.........
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"The British Broadcasting Corp. reported Sunday that customers had withdrawn nearly 2 billion pounds ($4 billion) from Northern Rock accounts, though CEO Adam Applegarth refused to give a figure.


Speculation about a takeover ran rampant.
"The images of customers queuing up in the high street has done irreparable damage to the franchise," said Nic Clarke, an analyst for Charles Stanley & Co. in London.
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[Fivetears]

THAT... is ugly. 4 BILLION (US). OK- here is a "Psychology" alert for your consumption:

Headlines this morning out of the United Kingdom:

A Bank Run- Hundreds of people standing in line to pull all their money out of the bank:

http://biz.yahoo.com/ap/070917/britain_northern_rock.html?.v=11

Tell me this is not 1929 all over again.........
================================================== ====
"The British Broadcasting Corp. reported Sunday that customers had withdrawn nearly 2 billion pounds ($4 billion) from Northern Rock accounts, though CEO Adam Applegarth refused to give a figure.


Speculation about a takeover ran rampant.
"The images of customers queuing up in the high street has done irreparable damage to the franchise," said Nic Clarke, an analyst for Charles Stanley & Co. in London.
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