Guest Posted March 30, 2004 Report Share Posted March 30, 2004 Ain't going nowhere so far. All Ords up a feeble 0.1%, volume low, nothing much happening at all. Banks down half a percent, Newscorp and Telstra doing a bounce, yawn. Golds down 1-2%, looking like just a pullback at this stage. Oils also down, -0.7%. Nikkers jumped at open but did the bellyflop, +0.1%, Singers +0.5% and Sth Korea +0.3%. Looks like US action being perceived as a short covering rally... Link to comment Share on other sites More sharing options...
Guest Posted March 30, 2004 Report Share Posted March 30, 2004 Building approvals rise 3.2%: ABS Building approvals jumped in February, the first rise after four months of falls, new figures showed. The Australian Bureau of Statistics (ABS) said building approvals rose 3.2 per cent, confounding market expectations of another fall in the wake of back-to-back interest rate rises last year. The total was inflated by a 17.1 per cent surge in approvals to build apartments and townhouses, with approvals for stand-alone houses falling for the fifth month in a row. Link to comment Share on other sites More sharing options...
Guest Posted March 30, 2004 Report Share Posted March 30, 2004 S&P Nazza Link to comment Share on other sites More sharing options...
Guest Posted March 30, 2004 Report Share Posted March 30, 2004 A scrappy sort of day with the index all over the place and volume lumpy. All Ords closed +7.9 (+0.2%) which puts us neither here nor there in the scheme of things, just taking up space on the chart. One of the big banks (CBA) went north after news but the other 3 languished. BHP +1.3% on good volume but has been going sideways for 3 months. Golds sold off: Lihir -1.7%, Newcrest -2.4% and Newmont -0.5%. Oils down slightly on low volume. Honkers way up +2%, Nikkers -0.2%, Singers +0.6%. Link to comment Share on other sites More sharing options...
The brown one Posted March 30, 2004 Report Share Posted March 30, 2004 This week will no doubt be confusing to the Euromarkets as we are now on summertime.The 3am bonerblasters are still asleep but beginning to stir!AEX going nowhere and the DAX is doing a great impression of a yo-yo.If I can find the chart posted by somebody local--AEX 180 in July04,I'll post it for entertainment purposes! Link to comment Share on other sites More sharing options...
The brown one Posted March 30, 2004 Report Share Posted March 30, 2004 Nope,couldn't post that chart.Too big and pretty illegible even at a size too large for posting.It was something called pattern analysis and really did have the AEX at 170~180 in July 04. Don't think that anyone would like to see that including the bears!! Link to comment Share on other sites More sharing options...
The brown one Posted March 30, 2004 Report Share Posted March 30, 2004 Shorty posted the following in M2M last night. "This Week's Exciting Daily TV Schedule on FleeceVision: 3:00 AM - 9:00 AM (Rated G -- Government) "Early-Bird Futures Ramp Job" by the PPT sponsored by Levitra 9:00 AM - 9:30 AM (Rated X for eXtreme dishonesty) "PreMarket Dow Component Bullhorning" with Soundview Financial sponsored by Viagra 9:30 AM - 10:00 AM (Rated PG -- Pure Greed) "Flagpole BlASStoff Gap" led by Merrill Lynch & Friends sponsored by Cialis 10:00 AM - 1:30 PM (Rated G -- Government) "Intraday Meltup"** **public service S&P purchases every 15 minutes sponsored by Uprima 1:30 PM - 2:15 PM (Rated PI -- Pathetically Ignorant) "Bear Suck-In" of hapless honest fundamental short investors sponsored by K-Y Brand bear educational jelly 2:15 PM -3:00 PM (Rated BV -- Bitter and Vindictive) "Afternoon ASS-Blast" starring Al Green sponsored by Stimula Velcro Pump-O-Matic 3:00 PM - 3:45 PM (Rated NL -- Never Learn) "One Mo Little Dip" for hapless honest technical short investors sponsored by Vaseline 3:45 PM - 4:05 PM (Rated R -- Ripoff) "Bear MASSacre" brought to you by the Mutual Fund Industry courtesy of your neighbor's 401K money Remember to stay tuned throughout the morning for our Surprise Gold SlapDowns and don't miss our Fun-Filled Evening Lineup: "Let's Make A Steal" featuring FRE and FNM executives "Donging For Dollars" with Larry Kudlow "Bulldyke Fashions for the Metrosexual" starring Jimmy Cramer "Who Wants to be an Option Billionaire?" showcasing top CEO's "20-Year Perp Walks" exposing unknown mid-level executives "Fcuk the Public, We're Gettin' Ours" by your local Congressmen " Pretty much sums it all up. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.