Dow and Europe were down last night.
Dow closed -75 at 16368. Dow's trend is down. Dow's future
is -54 at this moment. Europe opened down.
Asian bourses were generally weaker
with Nikkei sharply down, -454. ShanghaiC +8, Hangseng -56. STI
closed -26 at 3288. Volume was 1.7b shares. Gainers were 131
to 366 losers.
Trend of STI is down with MACDs cutting
down sharply.
Top volumes were AdvanceSCT unchanged,
APAC unchanged, Artivision -0.1, Jaya -0.3, Genting -3.5, Equation unchanged,
CedarStrategic unchanged, Noble -2, IHC +0.5, MirachEnergy +0.5.
Market opened down and drifted down
further to close near its day low. Blue chips were mostly in the
red. Penny and speculatives also were mostly down. Looks like the down
trend is gaining momentum.
Europe and Dow too are looking weak
at the moment.
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