Typical, bluddy typical.... I save money each month by putting a percentage of my salary into the company share ownership scheme. Every six months I get a block of shares that are held by a broker in the States in dollars. So in the last month or so... My company announces quarterly results that beat analysts expectations...Hurrah...my shares should go up a lot and I can sell 'em to cream off the profit. The downside is that they announced the results on the same day that Wall St took it's biggest slide for 3 years...DOH...the shares are only worth what I paid for them. Apparently, it was Bernanke the new chairman of the federal reserve who hinted, in an unguarded comment to a NY journalist over dinner, that US interest rates might be on their way up. What's wrong with these people? Don't they know I need some new Diablo Corsas? |