Europe were down last night but Dow
+49 at 16867. Dow's short term trend is down though long term trend
is still up. Dow's future is not flat. Europe opened flat.
Asian bourses were mostly up. Nikkei
+42, ShanghaiC +13, Hangseng +331. STI closed +12 at 3274. Volume
is 1.9b shares. Gainers were 246 to 185 losers.
Short term trend of STI is turning up.
Top volumes were Vallianz -0.7, Adventus
+0.5, JES +0.4, Mirach -3.5, ICP unchanged, STATSChipP +8, Oceanus +0.1,
Blumont +0.1, GSH +0.1, Cacola +0.3.
Market opened slightly up and gained
strength by noon to close near day high. Blue chips were mostly up.
Penny and speculatives were mixed. Volume is still low with quiet
trading.
Dow and Europe are looking flat at the
moment.
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