DOW 0.80% $8.80 downer edi limited

up 20 points - and amp takeover

  1. 7,063 Posts.
    .. after being up 30 points. i know you cannot rely on overnight futures (they're generally wrong) but fingers crossed from tonight.

    preditction ... gut says up 40 points.

    As for AMP, gut says rebound $5.80 next couple of days, mainly because UK problems have been isolated (hopefully) and cash injection.

    Talk of takeover tonight ... you'd have to be a very BB'WAVE bank to make a takeover bid for a company that's share price has collapsed TWICE and won't issue a prospectus or keep market informed! .. is $5.60 cheap?? nobody outside AMP knows!

    Can anyone see a bank with gonads bigger than a bus!? LOL
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