Dow and Europe were up. Dow +293 at
16168. Dow's trend is turning up and about to do a golden crossing.
Dow's future is now flat. Europe opened up.
Asian bourses were mixed. Nikkei
+271, ShanghaiC -20, Hangseng -255. STI closed +8 at 3070. Volume
was 3.3b shares. Gainers were 230 to 207 losers.
STI's trend is starting to reverse up.
Top volumes were CharismaEner +0.2,
OttoMarine +0.5, Vallianz +1, Albedo +0.1, KLW -0.2, Viking -0.3, SIIC
+1.4, Ipco +0.1, Hankore -0.1, WEHldg +0.2.
Market opened up but shorting or selling
came in quickly to drive market to negative. It only recovered on short
covering in the last hour. Blue chips were mostly up. Penny and speculatives
were mixed.
Dow had hit a high of 16200 last night.
It looks like going on an uptrend. Dow's future is not flat while Europe
opened firmly up.
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