Excerpt from: Spread Betting European Stocks
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| June 04, 2007 | | Consider shorting European stocks in spread betting and contracts for differences | Spread bets and CFDs should consider shorting European stocks as they begin to lose ground on the stock market. European stocks have soared in recent weeks, and this is leading to fears that a correction is on the horizon. The Stoxx 600, Euro Stoxx 50 and Stoxx 50 are all down on the stock market. Bloomberg reports on European stocks:
``We're nervous about the evolution of the market and fear
a correction,'' said Guillaume Duchesne, a Luxembourg-based
equity strategist for Fortis Private Banking, which manages $76
billion. ``The risk is linked to the euphoria we've seen in the
stock market.'' | | |
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