Dow and Europe were up last night. Dow
+182 at 16247. Dow's downtrend is levelling. Dow's future is now -32. Europe
opened down.
Asian bourses were mostly up. Nikkei
+134, ShanghaiC +2, Hangseng +110. STI closed -4 at 3088. Volume
was 2.1b shares. Gainers were 192 to 248 losers.
STI's short term trend is starting to
turn up.
Top volumes were Digiland unchanged,
Albedo -0.3, HanKore +0.3, KLW +0.1, Equation +0.1, THBev +1.5, Transcu
-0.1, Federal -0.5, Memstar +0.4, CharismaEner -0.2.
Market opened up 7 pts but slipped to
negative before closing +2 during matching. Blue chips were generally
firmer. Penny and speculatives were mixed. Market is trading is a tight
range.
Europe and Dow are looking a bit weak
at the moment.
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