I don't think we've seen institutions panicking, I think it's fair to say that in fact overseas institutions came in quite heavily overnight on the buy side. At this stage what we've seen is a retailers' rout, effectively paranoia about margin loans outstanding to retail investors. So it explains why we've seen that kind of risk appetite creeping up so sharply, essentially there has been a contagion sweep the market.


Edward Bonsor

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The winds and waves are always on the side of the ablest navigators.
EDWARD GIBBON
Beauty is an outward gift, which is seldom despised, except by those to whom it has been refused.
EDWARD GIBBON
Herman Melville was as separated from a civilized literature as the lost Atlantis was said to have b...
EDWARD DAHLBERG
To write is a humiliation.
EDWARD DAHLBERG
What has a writer to be bombastic about? Whatever good a man may write is the consequence of acciden...
EDWARD DAHLBERG
Writing is conscience, scruple, and the farming of our ancestors.
EDWARD DAHLBERG
The work was like peeling an onion. The outer skin came off with difficulty... but in no time you'd ...
EDWARD BLISHEN
By night an atheist half believes in God.
EDWARD YOUNG
You punch me, I punch back. I do not believe it's good for ones self-respect to be a punching bag.
EDWARD KOCH
Utility is our national shibboleth: the savior of the American businessman is fact and his uterine h...
EDWARD DAHLBERG
Our birth is nothing but our death begun.
EDWARD YOUNG
If you think about disaster, you will get it. Brood about death and you hasten your demise. Think po...
EDWARD RICKENBACKER
Men often compete with one another until the day they die; comradeship consists of rubbing shoulders...
EDWARD HOAGLAND
You know...that a blank wall is an apalling thing to look at. The wall of a museum -- a canvas -- a ...
EDWARD STEICHEN
I would rather take hellebore than spend a conversation with a good, little man.
EDWARD DAHLBERG
We improve ourselves by victories over ourselves. There must be contest, and we must win.
EDWARD GIBBON
Country people tend to consider that they have a corner on righteousness and to distrust most manife...
EDWARD HOAGLAND
There is a time of life somewhere between the sullen fugues of adolescence and the retrenchments of ...
EDWARD HOAGLAND
Those who write for lucre or fame are grosser than the cartel robbers, for they steal the genius of ...
EDWARD DAHLBERG
Education is a better safeguard of liberty than a standing army.
EDWARD EVERETT
Education is not a discipline at all. Half vocational, half an emptiness dressed up in garments borr...
EDWARD BLISHEN
I am indeed rich, since my income is superior to my expenses, and my expense is equal to my wishes.
EDWARD GIBBON
What most men desire is a virgin who is a whore.
EDWARD DAHLBERG
Every decision you make is a mistake.
EDWARD DAHLBERG
The author himself is the best judge of his own performance; none has so deeply meditated on the sub...
EDWARD GIBBON
Hardly a book of human worth, be it heaven's own secret, is honestly placed before the reader; it is...
EDWARD DAHLBERG
It is very perplexing how an intrepid frontier people, who fought a wilderness, floods, tornadoes, a...
EDWARD DAHLBERG
Recognize the cunning man not by the corpses he pays homage to but by the living writers he conspire...
EDWARD DAHLBERG
Everything ultimately fails, for we die, and that is either the penultimate failure or our most enig...
EDWARD DAHLBERG
Sometimes a noble failure serves the world as faithfully as a distinguished success.
EDWARD DOWDEN
The difference between failure and success is doing a thing nearly right and doing it exactly right.
EDWARD SIMMONS
The pathetic almost always consists in the detail of little events.
EDWARD GIBBON
If we would just support each other -- that's ninety percent of the problem.
EDWARD GARDNER
All that is human must retrograde if it does not advance.
EDWARD GIBBON