SELF IMPROVEMENT

Another roller-coaster start to the Milan Stock Exchange. The Italian stock market rebound after a rushing attempt (almost +3% for the index opening & Opinion) folds almost immediately and goes to red. Losses of more than 1, since 5% to an hour - the largest in Europe - and sales focused on banking and insurance. The ease with which the securities change in price impresses even the most experienced players, but at least a good excuse, this apparently crazy stock market, many find it.

No one sees the future of Italy spa, and no one dares to make new investments in shares, unless they are technical coatings (the movement that forced the speculators to buy back the securities downward previously sold, when they bounce). The head of a large operations room, who does not want to appear, explains the concept: "Our customers ask us why we sell the Italian operations, but the real question would be: why not buy anyone? Today the market is not sold but it just is not bought. "

The reasons for abandonment are different, for example, newspapers around the world write disagreements within the government of Berlusconi, who last Friday announced the advance of the budget package and is now divided between the Northern League proclamations and hesitation in carrying out various measures to arrive at a balanced budget by 2013.

Meanwhile, the Italian stock exchange continues to skim and now reaches

Total capitalization is not unlike that of Apple, a brand of a completely different resonance which yesterday reached $ 338 billion from Exxon undermining global throne. "Today you do not see coatings on sale, so it is a desert of the Tartars - the operator continues -. It does not matter if many of the titles deal price at bargain prices, well below half of book value. An investor is not healthy puts the money in a title depreciated, if not see a future 15 days away. Until we change the government of Italy SpA, and the way the rest of the world has seen the Italian situation, I think the graph will not change " .