Europe and Dow were all positive last
night. Dow's short term trend is flat. Dow's future is now
-16. Europe opened down.
Asian bourses were mixed. Nikkei
-52, ShanghaiC +18, Hangseng -20. STI closed -6 at 3342. Volume was 1.9b
shares. Gainers were 170 to 280 losers.
Short term trend of STI is turning up.
Top volumes were Shengsiong -3.5, Digiland
unchanged, Elektromotive unchanged, APAC unchanged, Mirach -0.7, MetalComponent
+0.1, IHC +0.5, GRP +0.5, Charisma -0.1, RexIntl +3.5.
Market opened down and remained down
for the whole session. Volume was still below 2b shares. Blue chips
were mostly down. Penny and speculatives were also mostly weaker.
Europe and Dow are looking weak at the
moment.
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