Dow and Europe were positive last night.
Dow +72 at 15445. Dow's trend is still down. Dow's future is now
+3. Europe is now slightly up.
Asian bourses were mixed. Nikkei
+172, ShanghaiC -17(still closed), Hangseng -128. STI closed -6 at
1960. Volume was 2.3b shares. Gainers were 187 to 244 losers.
Trend of STI is down.
Top volumes were Albedo -0.1, Federal
+0.1, Transcu unchanged, KLW unchanged, CharismaEner -0.2, CCM -0.1, Vallianz
-0.1, HanKore -0.1, Memstar -0.3, SIIC +0.4.
Market opened positive but retreated
in the afternoon to close at day low. Blue chips were mixed. Penny and
speculatives too were mixed with slightly more losers.
The market is pretty oversold and waiting
for a rebound.
Europe and Dow are looking like stabilising
at these levels.
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