Europe and Dow were up last night. Dow
+11 at 16179. Dow's trend is turning up with a golden crossing. Dow's
future is now +20. Europe opened up.
Asian bourses were mixed. Nikkei
+11, ShanghaiC -43, Hangseng -76. STI closed +24 at 3094. Volume
was 3.6b shares. Gainers were 293 to 165 losers.
Trend of STI is turning up.
Top volumes were CharismaEner +0.5,
HanKore +0.6, SIIC +2.3, OttoMarine +0.3, MirachEner +0.4, Vallianz -0.8,
Albedo -0.1, MDevt -0.1, JaperInv +0.3, Viking +0.3.
Market opened flat but continued to
climb through the day to close at day high. Blue chips were mostly up.
Penny and speculatives were also firmer. This is like a pre new year Capricorn
Effect. Next week is a shorter week and could see some profit taking.
Dow and Europe are looking firm for
tonight.
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