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IDS World Markets Tues 27th April 04


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Down we go again with All Ords -0.3%. Not surprising really after yesterday's action which hinted at a consolidation at the lows. Stocks very much on the mixed side of things, still thinking we're gonna get a long sideways to down move in the intermediate term.

 

Golds and oils stuffing around, mixed like the rest of the stocks.

 

Nikkers died on open but currently doing the bounce, -0.8%. Singers +0.3%.

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One of these days I'll get to do an arvo post, arrrgh. Usual phone calls and people milling and all I've had to eat all day is 2 slices of sponge cake. Not exactly sustaining muscle building stuff...

 

All Ords closed down -0.1%, off the lows but volume lacking. Asia had a seedy showing and looks like Europe following suit. US futures came back to earth in a hurry. Maybe a crap & gap scenario tonight?

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Market outlook update

Precious metals outlook update

Bond outlook update

Dollar outlook update

 

Free stock charts with all your favorite indicators! Just use the chart control form in the left menu. Or go to http://www.capitalstool.com/charts/chart_page.php

 

Fine tune your timing! Stooltrading is the place! Join your fellow stoolies sharing charts, trading signals and ideas! Doc gives his commentary as well, with illustrations of intraday cycles throughout the day with projections for highs, lows, and cycle time turns for the SPX, QQQ, and HUI. He also gives cmap targets for individual stocks by request. Become a Stooltrader and join the fun!

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