A sharp fall in Dow and Europe on Friday.
Dow -318 at 15879. Dow's trend is down. Dow's future is now
+20,, Europe opened slightly down.
Asian bourses fell sharply. Nikkei
-386, ShanghaiC -21, Hangseng -474. STI closed -36 at 3040. Volume
was 2.8b shares. Gainers were 86 and losers 428.
Trend of STI is down.
Top volumes were Albedo -0.3, Hankore
-0.4, CharismaEner -0.4, Blumont +0.2, Transcu unchanged, Memstar +0.3,
KLW -0.1, Federal -0.1, SingHaiyi unchanged, GoldenAgri unchanged.
Market opened sharply down but recovered
some lost grounds to close near day high losing only 34 pts. Blue
chips were heavily bruised with many in the red. Penny and speculatives
also fell but were more steady.
Europe is looking steady at the moment
and Dow is looking for a technical rebound tonight.
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