Guest Posted August 1, 2003 Report Share Posted August 1, 2003 Not a lot happening today, just a general sloshing around. Yesterday I said it looked like a surge to resistance but when I checked the charts last night there were also quite a few breakouts. All Ords currently +0.2% with golds marking time.. Nikkei started off bravely enough but losing steam.. Link to comment Share on other sites More sharing options...
alceringa Posted August 1, 2003 Report Share Posted August 1, 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 Asian Stocks Rise, Paced by Matsushita Electric and Samsung Electronics Asian stocks rose, led by exporters such as Matsushita Electric Industrial Co. and Samsung Electronics Co., as U.S. reports on growth, jobless claims and manufacturing lifted optimism the world's largest economy is improving. Societe Generale Profit Jumps 85 Percent on Gain From Credit Lyonnais Sale Treasuries Plunge; U.S. Employment Report May Show Economy Is Picking UpBloomberg Link to comment Share on other sites More sharing options...
Guest Posted August 1, 2003 Report Share Posted August 1, 2003 Well, today looked downright bullish. All Ords made yet another new recent high to close +19.3 (+0.6%) and doesn't look like its giving up just yet. I was stopped out of a put I bought 2 days ago, gotta get it right sometime but in the meantime its all a bit of a strain.. Golds stable... Asia mostly gained but Europe faltering ... Link to comment Share on other sites More sharing options...
The brown one Posted August 1, 2003 Report Share Posted August 1, 2003 Moanin' from A'dam. Euromarkets don't seem to be too phased by yesterday's US action. Had expected to see a sea of deep red but only a salmon pink so far. Must have something to do with the euro losing value vs USD. The AEX is still sitting at or on a resistance/support level broken to the upside yesterday.All looks a bit knife-edge to me especially with long-bond yields still rising--but what do I know. Have the feeling that the rug is going to be pulled at any minute--but if others feel it too,then they're probably buying puts which only has the effect of driving it up even more. The indefatiguable hand sustaining the unsustainable. Link to comment Share on other sites More sharing options...
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