Dow and Europe were sharply down last
night. Dow -167 at 16246. Dow's trend is breaking down. Dow's
future is now +19. Europe opened flat.
Asian bourses were mixed. Nikkei
-202, ShanghaiC +39, Hangseng +220. STI closed +11 at 3204. Volume
was 2.2b shares. Gainers were 279 to 186 losers.
Uptrend of STI is holding.
Top volumes were HanKore +0.3, Albedo
+0.1, CCM -0.4, Noble +6, AddvalTech +0.8, GoldenAgr +1.5, GLP -6, CharismaEner
+0.1, Equation unchanged, SIIC +0.2.
Market opened down but recovered to
closed positive. Blue chips were mostly green. Penny and speculatives
too recovered and many were postive.
Dow is looking positive at the moment
while Europe opened flat.
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