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Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Posted by traderhub > 2011-10-21 08:34 | Report Abuse
Quick update: rubber glove stocks.
Glove markers stocks on focus today. SUPERMX KOSSAN ADVENTA LATEXX RUBEREX. Rubber plunged to a 14-month low as a French-German split emerged over Europe’s rescue strategy, deepening concern the region may fail to contain debt crisis, hurting demand for raw materials.
The March-delivery contract dropped as much as 6.6 percent to 281.7 yen a kilogram ($3,670 a metric ton), the lowest level since Aug. 17, 2010, before trading at 282.5 yen on the Tokyo Commodity Exchange at 12:09 p.m. local time on 20 Oct 2011.
More news from bloomberg: http://www.bloomberg.com/news/2011-10-20/rubber-slumps-to-14-month-low-as-european-debt-concerns-dim-demand-outlook.html