Europe was mixed while Dow +147 closing at 15677
last night. Trend of Dow is firmly up. Dow's future is now +29.
Europe opened strongly up.
Asian bourses rallied. Nikkei +261, ShanghaiC +6, Hangseng +385. STI
closed +54 at 3248. Volume was 5.7b shares. Gainers were 402 to 181
losers.
Trend of STI is up.
Top volumes were Albedo +1.2, Hankore +0.3, YHM +0.1, ChinaGaoxian +1,
OttoMarine +0.5, Sunmoon unchanged, Ipco +0.1, Rowsley +3.5, Equation
unchanged, Innopac -0.1.
Market gapped up on opening and remained firmly up through the day after
Fed did not come out with a bid cut in the GE. Most Asian bourses
rallied as well. Blue chips were mostly up. Penny and speculatives were
also active with many in the positive. Reits came back in favour.
Big penny stock gainers were Chasen +8, Rowsley3.5, IEV +4,
Dow and Europe are looking strong at the moment and should continue their gains.
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