Dow and Europe were slightly down last
night. Dow closed -32 at 15751. Dow's trend is still slightly
up. Dow's future is now -8. Europe opened marginally down.
Asian bourses were mostly down with
Hangseng plunging 438 pts. Nikkei -22, ShanghaiC -39. STI closed
-14 at 3167. Volume was 2.1b shares. Gainers were 139 to 336
losers.
Trend of STI is down.
Top volumes were Noble -3, OttoMarine
-0.1, Dragon +0.4, PacificRadiance IPO closed at 92.5. GoldenAgr
+0.5, KLW +0.1, MDR unchanged, Sunmoon unchanged, YHM unchanged, Transcu
+0.1.
Market opened up but slid down to close
near day low at -14. Blue chips were mostly weaker. Penny stocks
and speculatives were also mostly down. Trading was as usual, very quiet.
Dow and Europe are likely to trade sideways
tonight.
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