Guest Posted October 17, 2003 Report Share Posted October 17, 2003 Friday already, I don't BELIEVE it... what happened to the week! Fairly quiet day on the market with stocks mixed and quite a lot of encouraging red on the screen. All Ords -0.1% and hanging out there in space on the intraday chart. The 5 day chart looking like a top in the making but we need a decent plunge into close to indicate a potential reversal. All Ords 5-day chart Golds sparking up a tad. Lihir flat but Newcrest and Newmont +1.4% and +0.6% respectively. Nikkei swinging along sideways trying to make up its mind, +0.3%. Singers bi polar as well, +0.4%. Link to comment Share on other sites More sharing options...
alceringa Posted October 17, 2003 Report Share Posted October 17, 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 0200 AM Stool HQ Time Samsung Electronics Has Unexpected Profit Gain on Chip, Flat Panel Sales Samsung Electronics Co., the world's biggest chipmaker after Intel Corp., posted an unexpected gain in third-quarter profit as sales of flat-panel displays and memory chips surged. The company forecast record fourth-quarter profit. China's Economic Growth Accelerated to 9.1 Percent in the Third Quarter Ford to Spend Up to $1.5 Billion to Add Plants, Expand Production in China Bloomberg Link to comment Share on other sites More sharing options...
Guest Posted October 17, 2003 Report Share Posted October 17, 2003 The day turned into another bulls 'n bears sluggout with no real winner. All Ords closed -0.9, flat again on reasonable volume. Working up to a big move here but I just don't know which way. Golds sold off a touch generally, Newmont scraped up +0.5%. Asia not doing much either. Nikkei closed +0.1%, Singers still going sideways, currently +0.8% and Honkers -0.5%. Let's hope Europe and Big Bro have some riveting action or we'll all fall asleep at the wheel.. Link to comment Share on other sites More sharing options...
The brown one Posted October 17, 2003 Report Share Posted October 17, 2003 Moanin' from A'dam. Hi Aussie.Don't know whether to expect any action here today or not.Our index chart looks very similar to yours for this week.Just faffin' about doin' nowt.1% around the 330 mark-up down up down.This how markets are made around scam week.As I said earlier,far too many puts open at 320 for this to end below that today. After yesterday's gap down open and quick fill, today we have a very minor gap up and rising.Yesterday's action was stopped in it's tracks by the bottom of an existing gap from weeks ago.The indicators are toppy but when has that stopped it going up recently! Looked at CBOE open interest for the US indices last night and came to the conclusion the despite large numbers of open equity calls,there are still too many open puts on the indices.That's why the p/c ratio doesn't give an accurate representation of the positions. Locally,Van der Moolah(NYSE specialist and MM) got hammered here yesterday for 15% after SEC said they had screwed clients for 35 mil. and had to pay it back plus a fine. Probably better to have a furriner caught playing the piano on the till than one of their own! That all for now-go find something to relieve the boredom! Link to comment Share on other sites More sharing options...
The brown one Posted October 17, 2003 Report Share Posted October 17, 2003 Moanin' II Early morning Viagra seems to wear off pretty quickly these days.Need the longer -working version! Just a lot of round tripping 330 going on methinks!keep the suckers interested! Link to comment Share on other sites More sharing options...
Guest Posted October 17, 2003 Report Share Posted October 17, 2003 Brown One you don't perchance have a link to a live AEX intraday chart? Yahoo's has been out of action for yonks so I don't know what's going on.... Link to comment Share on other sites More sharing options...
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