Europe and Dow were sharply down last night. Dow
-273 to closed at 16719. Dow's short term trend is going down. Dow's
future is now -3. Europe opened down.
Asian bourses were mostly down. Nikkei -188, ShanghaiC +19, Hangseng
-159. STI -15 at 3229. Volume was 1.4b shares. Gainers were 146 to 282
losers.
Trend of STI is down.
With Europe and Dow all down, STI opened down and stayed down for the
whole day though the fall was small. Blue chips were mostly down
though. Speculatives and penny stocks were also weaker. Volume was a
miserable 1.4b shares.
Europe are down at the moment while Dow's future is flat and may pull back some of yesterday's losses.
No comments:
Post a Comment