Guest Posted July 18, 2003 Report Share Posted July 18, 2003 Market dithering today with the sellers winning by a margin so far. All Ords down 0.2%, nothing to get excited about. Golds flat to up a touch. Nikkei up, South Korea down 2%... Link to comment Share on other sites More sharing options...
Guest Posted July 18, 2003 Report Share Posted July 18, 2003 Chop chop sideways for most of the day *yawn* but it did have a bearish look to it. Still got the ever faithful dippers doing their thing. Must just about have the world & his dog on board by now... All Ords closed -2.6 (-0.1%), flat in other words. The golds appear to have mostly moved up with the exception of Lihir which is of course the one I have a call on.. typical. The big 4 banks down a touch, nothing dramatic, bit of a reshuffle on other stocks. What was up yesterday is down today and vice versa. All Ords looks like its making the 2nd peak of a double top so I'm thinking a downleg not too far off now. Nikkei managed to rustle up a bit of green (closed +0.3%) but Singers & Honkers not impressed.... Link to comment Share on other sites More sharing options...
alceringa Posted July 18, 2003 Report Share Posted July 18, 2003 Yoo-hoo world markets Uncle Buck Spoo-Hoo's- Nasty- Globex Flash Quotes Link euroland Jo-burg Miners Here After Hours-USA Island AM Market Call By CNNMoney From Bloomberg 0300 Stool HQ Time Ericsson's Second-Quarter Loss Is Unchanged as Company Steps Up Cost Cuts Ericsson AB, the world's largest maker of cellular-phone networks, said its second-quarter loss was unchanged as the company accelerated cost reductions. European Stocks May Decline, Paced by Shares of Nokia; CAC Futures Slip Akzo Nobel Profit Slides 28 Percent Amid Competition From Generic Drugs Bloomberg Link to comment Share on other sites More sharing options...
The brown one Posted July 18, 2003 Report Share Posted July 18, 2003 Moanin' from Adam. Typical end of scam week action.Drop it a little to get the putters onboard,then ramp it up by tenth percentage points per minute! Seems like they want it at 300 and change for expiry(now 305). July is quite a big expiry here so all the stops will be pulled out to ensure that only da Boyz make money. Local news:Akzo(chemicals,coatings and pharma) reported profit down 20% and turnover down 7% BUT maintain outlook for the rest of year----result 10%+ increase in stock price today!!! Major insurer(Fortis) warns about overenthusiasm for the insurance sector.Things may still get worse---result,1% off stock price whilst Aegon(also insurance) bounds ahead by 5%. Nope,not much logic here either! Link to comment Share on other sites More sharing options...
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