Arabian Aircraft and Stock Markets
The last time I was at the Ibn Battuta Mall, they had an exhibit showing that an Arab invented the first aircraft capable of vertical flight. It was more than a thousand years before the first Western aircraft capable of vertical take-off and landing.
And the Arabian aircraft managed a perfect vertical takeoff and landing: it went straight down from the top of the hill where it was launched in a vertical line.
Being a very intelligent man, the inventor had selected a rather small hill for his maiden flight. Which turned out to be his only flight, since, though the pilot escaped serious injury, the aircraft was damaged beyond repair.
So it is with the flight of the Dubai, Abu Dhabi, and Saudi stock markets: straight down.
So I guess the wives of investors will need to buy their husbands the large, economy sized bottles of Cialis if they want them to have any chance of performing their marital duties.
And the Arabian aircraft managed a perfect vertical takeoff and landing: it went straight down from the top of the hill where it was launched in a vertical line.
Being a very intelligent man, the inventor had selected a rather small hill for his maiden flight. Which turned out to be his only flight, since, though the pilot escaped serious injury, the aircraft was damaged beyond repair.
So it is with the flight of the Dubai, Abu Dhabi, and Saudi stock markets: straight down.
So I guess the wives of investors will need to buy their husbands the large, economy sized bottles of Cialis if they want them to have any chance of performing their marital duties.
posted by Dubai@Random at 4:43 am
3 Comments:
ROFL
Nice, Random, nice.
It seems highly unlikely that the DSM will stage a smart recovery any time soon. Investors are looking at the DSM index hitting 350 pretty soon.
Year-end is coming up, and banks need to tidy up their balance sheets....they cannot have billions of dirhams outstanding in loans to investors. So they are coming down hard on borrowers who have no choice but to liquidate their holdings to come up with the money to pay back their banks.
Perhaps (and this is a big perhaps) in the new year, banks may lend to investors again, which will prop up the market. But then again, bankers may think to themselves "Once bitten......"
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