Excerpt from:  Spread Betting European Stocks
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December 04, 2007

European Stocks Drop

Spread betting and contracts for differences on the European stock market
Spread bets and CFDs on European stocks should consider shorting today as the markets drop. Nokia, which is generally considered a bellwether in Europe, has dropped, and investors are wary. Bloomberg reports on the European stock market:

``Nokia is a big bellwether for the sector and the broader market, so it will damp investor sentiment,'' said James Buckley, a London-based director at Baring Asset Management, which oversees about $48 billion. ``It appears we are seeing some profit taking in the shares.''

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