Dow and Europe were down last night.
Dow -106 at 17852. Dow's uptrend is turning down. Dow's
future is now -60. Europe opened sharply down.
Asian bourses were sharply down. Nikkei
-122, ShanghaiC -180, Hangseng -562. STI +14 closing at 3312. Volume
was 1.8b shares. Gainers were 169 to 268 losers.
Trend of STI is down.
Top volumes were Digiland unchanged,
SIIC -0.1, IC unchanged, AdvancSCT unchanged, Ezion -7, Mirach -0.6, LippoMallTr
-2, Genting +0.5, Yuuzoo+6, Oceanus unchanged.
STI opened up and went higher peaking
just after lunch at a high of 3335. It fell afterwards when regional bourses
fell sharply. It closed at day low but still gaining 14 pts. Blue
chips held on to their gains with more gainers than losers. Penny and speculatives
were weaker.
Dow and European bourses are looking
pretty weak at the moment.
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