Europe and Dow were slightly down last
night. Dow -51 closing at 17777. Dow's trend is starting to
turn down. Dow's future is now +73. Europe opened up.
Asian bourses were mostly up. Nikkei
+73, ShanghaiC +83, Hangseng +287. STI closed +20 at 3325. Volume
was 1.4b shares. Gainers were 237 to 183 losers.
Trend of STI is turning down.
Top volumes were IHC unchanged, Xpress
-0.2, GoldenAgri +1, Ezion +5.5, TopGlobal +0.1, Mirach +0.4, ThaiBev +1.5,
Genting +1, CosmoSteel +2.5.
Market gapped up on opening after yesterday's
selldown. Most of the sold down stocks recovered some of their losses from
yesterday. STI closed at day low but still gained 17 pts. Blue
chips pared off yesterday's losses. Penny and speculatives also looked
better with more in the green.
Europe and Dow are looking for a recovery
tonight.
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