Dow and Europe fell again last night.
Dow -41 at 15838. Dow's trend is down. Dow's future is now
+80. Europe opened up.
Asian bourses closed mixed. Nikkei
-26, ShanghaiC +5, Hangseng -15. STI closed +21 at 3063. Volume
2.3b shares. Gainers 195 and losers 232.
Trend of STI is bouncing from support
level at 3028.
Top volumes were Transcu unchanged,
CharismaEner -0.2, Albedo -0.1, CCM unchanged, ChinaBearing +1.3, Hankore
unchanged, Memstar unchanged, KLW unchanged, JES +0.1, Vallianz -0.4.
Market opened down but recovered to
close at day high. Blue chips were firmer. Penny and speculatives
were mixed.
Dow seems to be stabilising with a smaller
fall last night. Its future is now positive. Europe also opened positive.
Looks like a technical rebound is on the card tonight.
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