Dow and Europe down again last night.
Dow closed -104 at 15739. Dow's trend is down. Dow's
future is now +40. Europe opened up.
Asian bourses were mixed. Nikkei
+61, ShanghaiC -7, Hangseng +28. STI closed +7 at 3066. Volume
was 1.9b shares. Gainers were 22 to 192 losers.
Trend of STI is still down but with
a first break.
Top volumes were KLW unchanged, Vallianz
+0.4, OttoMarine -0.2, HanKore +0.3, THBev +2.5, Viking +0.4, Infinio unchanged,
Noble +1.5, GoldenAgr -1.5, Blumont +0.2.
Market opened down but recovered to
close near day high at 3066. After 7 days of falls, this is more like a
technical rebound. Blue chips were mostly up. Penny and speculatives
were also firmer.
Dow and Europe are also looking for
a technical rebound tonight.
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