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Traders Thread - Wednesday 17th February (TRAD)     

Greystone - 16 Feb 2010 20:37

Master RSI - 17 Feb 2010 09:52 - 7 of 10

EMG - The late last week "KEEP an EYE" is roaring ahead, should be looking on the short term for the 50 days MA.
Nice opening GAP today
Chart.aspx?Provider=EODIntra&Code=EMG&Si

Kyoto - 17 Feb 2010 10:03 - 8 of 10

LONDON, Feb 17 (Reuters) - Shares in Man Group Plc rose 5.1 percent on Wednesday, with traders citing talk of takeover interest from U.S. fund group BlackRock .

BlackRock declined to comment, while Man Group was not immediately available for comment.

Traders also said positive weekly performance numbers from flagship fund AHL supported Man Group shares.

Citing rumours in the U.S. markets, the Daily Mail's market column said BlackRock was looking for another large deal after acquiring the funds business of Barclays last year.

The newspaper said the U.S. firm was missing the kind of hedge fund business that Man -- the world's largest listed hedge fund firm -- could provide.

Master RSI - 17 Feb 2010 10:10 - 9 of 10

EMG 243.8p +16p

edit - repeat

Greystone - 17 Feb 2010 16:56 - 10 of 10

End-of-day Market Overview
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