Dow and Europe were all up last night.
Dow closed +112 at 17055. Dow's trend is up. Dow's future is
now +9. Europe has opened down.
Asian bourses were mostly up. Nikkei
+98, ShanghaiC +4, Hangseng +113. STI closed flat at 3291. Volume
was 1.5b shares. Gainers were 210 to 230 losers.
Short term trend of STI is slightly
up.
Top volumes were OttoMarine +0.3, Amplefield
+0.1, Artivision 0.6, WE unchanged, Biosensors -7, CPH unchanged, IHC -0.5,
JES -0.2, APAC unchanged, SIIC unchanged.
Market opened up slightly but slipped
down in the afternoon to trade flat. Volume was low and the excuse of the
World Cup luring away the investors no longer holds water. The truth is
the truth. There is just no interest in the market. Blue chips were mostly
down. Penny and speculatives were mixed.
Europe are looking weaker at the moment
while Dow's future is slightly up.
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