Dow and Europe were flat last night.
Dow +19 at 16946. Dow's trend is up. Dow's future is now -23. Europe
opened down.
Asian bourses were mixed. Nikkei
+75, ShanghaiC +2, Hangseng -58. STI closed -8 at 3285. Volume
was 2.7b shares. Gainers were 159 to 281 losers.
Trend of STI is turning down.
STI opened flat but slipped down and
stay marginally down throughout the day. Blue chips were mostly in
the red. Penny stocks were still in play and the top volume 40 stocks
were green. However overall losers were greater than gainers. After this
week the market is expected to be quieter because of the World Cup.
Europe and Dow are looking a bit weak
at the moment.
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