P
it cant go up every day, went from 8000 to 9000 in no time, needs a breather.
Because many Irish Banks make significant profits by acting as corporate bankers to US multinationals etc...if things don't go well for US multinationals, things don't go so well for Irish banks (that is just one example, I am sure there are lots and lots of reasons)...basically if American is looking at poor equity market returns, one would expect things won't exactly be great on the Iseq either.
By the way, looking at the stock market prices on a day to day basis is not good for your health. Invest in good companies (or funds) and get on with your life without reloading the price pages all day - prices will fluctuate and you'll be euphoric one day and miserable the next.
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