Another positive session for Europe
and Dow last night. Dow was up 154 closing at 17210. Short
term trend of Dow is recovering. Dow's future is now flat. Europe has opened
up.
Asian bourses closed mixed. Nikkei
+207, ShanghaiC +2, Hangseng -153. STI closed -2 at 3291. Volume
was 1.5b shares. Gainers were 191 to 221 losers.
Top volumes were CedarStrategic unchanged,
IC unchanged, Digiland unchanged, APAC +0.1, AdvanceSCT unchanged, Artivision
unchanged, Sapphire +1.8, GentingHK +1, PacificCentury -0.5, Blumont -0.1.
Market opened slightly up but went negative
and then stayed relatively flat for the afternoon. Blue chips were
weaker. Penny and speculatives were mixed.
Europe and Dow are looking steady at
the moment.
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