Released on: October 1, 2008, 4:18 am

Press Release Author: Peter Brice

Industry: Financial

Press Release Summary: First Prime Group believe global sell-off on bailout fears
may continue for days.

Press Release Body: First Prime Group’s analysts are believed to be expecting
dramatic global equity market declines to continue for several days. They cite a
general lack of direction from the US government and enduring stresses in credit
markets for the lack of confidence.

The broad deterioration in market conditions that began with the bankruptcy of
Lehman Brothers two weeks ago has exacerbated negative sentiment in credit markets
globally according to an unnamed First Prime Group source.

First Prime Group’s source said that she had every reason to believe that clients
had largely heeded advice to seek safe-haven in commodity ETFs and large blue-chip
defensive stocks.

First Prime Group are thought to be expecting that some form of modified bill will
eventually be passed but, in the meantime, markets would remain unpredictable as
investors moved in and out of equities, commodity and treasury markets.






Web Site: http://www.firstprimegroup.net

Contact Details: Financal Online
MWB Liverpool Street, 55 Old Broad Street
London
England
EC2M 1RX
55 Old Broad Street