Excerpt from:  Spread Betting European Stocks
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December 20, 2007

European Shares Advance on Market Correction

Spread betting and contracts for differencess on the European stock market
Fears of global stagnation appear to have been over-rated.
European shares are gaining on the stock market as a correction changes the fortunes of many stocks. Fears of global stagnation appear to have been over-rated, and spread bets and CFDs on European stocks should consider the following from Bloomberg:

``Fears of a global slowdown and more credit-market turmoil were going over the top,'' said Herbert Perus, who helps oversee the equivalent of $57 billion as head of global equities at Raiffeisen Capital Management in Vienna. ``Companies sensitive to economic growth were sold without looking at their value.''

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