Hello traders!

A down day in New York. Last check, the Dow was down 58 points at 11,155 after climbing as high as 11,259.16 earlier in the session. The Nasdaq Composite fell 1 point to 2,336, off an early high of 2,353.15, and the S&P500 fell 3 points to 1,299.

See you in the morning with updates....

G.

Good morning traders!

In the US last night, the Dow closed down 65 at 11,150.70 with the Nasdaq up 3.04 at 2,340.82 and the S&P500 off 2.65 at 1,300.25.

In Asia today, the Hang Seng closed the morning up 8.53 points at 15,889.22, while the Nikkei was recently down 13.84 points at 17,031.50.

New York's main oil contract, light sweet crude for delivery in May, was down 26 cents at $66.89 a barrel from $67.15 in the US.

Early broker notes:

WILLIAM HILL UPGRADED TO 'BUY' VS 'NEUTRAL' AT UBS

Happy Friday!

G.

Morning all.

Morning Greystone & Druid2

KD.

Morning Florence, said Dougal, Dillan and Zebedee

Morning campers,looking for long on AHT when the spread narrow.

long ARM CTM MNKS TRY RTR WLW DAX SMI S&P INDU CABLE

KCOM 60.75p -6.25p

Bid talks ended and shares are marked well down

ofex CDE 8.5 - 10.50p +0.375

up two ticks at the offer, bouncing back from lows lately

still waiting for the Russian deal

       LUNCH TIME FUN

UPS (Added by Master RSI on Fri 31 Mar 11:38 am)

SVE - Mid 24.75p
Reason Bouncing from lows lately, NVA of 50% below assets, some of their protfolio going better today

Keep an Eye (Added by Master RSI on Fri 31 Mar 11:07 am)
TSG - Mid 95p
Reason Marked down lately doing a flag on the chart, got moving this morning after MMs buys, and now reported as delayed buys, there is buyers at this prices

MPH 19.75 - 20p +0.125p

up on the bid

Wall Street metals - Gold $590, slightly lower as dollar gains

NEW YORK (AFX) - Gold futures rallied to a 25-year high overnight, then fell
in early trade Friday with a rising dollar encouraging traders to lock in some
gains.
Gold for June delivery was last trading down $1 at $590.80 an ounce on the
New York Mercantile Exchange, after touching a high of $594.60.
The dollar was last trading up 0.5% against the yen and up 0.5% against the
euro in a rebound from the week's lows.
Analysts at Citigroup reiterated an overweight on the metals-and-mining
sector earlier and said they have become less cautious on the scale of an
expected correction in base-metals prices.
Their more upbeat view is based on a reacceleration of global growth,
further supply-side constraints and continued investment-fund buying, said a
note.
Silver also edged lower, to trade last down 2 cents at $11.64 an ounce. The
contract rose as high as $11.94 overnight, its highest level in 22 years, driven
by continued expectations that an exchange-traded fund in registration from
Barclays will increase physical demand for the metal.
Platinum was last down $12.70 at $1,078 and palladium was down $8.80 at
$341.50.
Copper continued its bull run, trading last at $2.503 a pound, off a high of
$2.51 a pound.
On the supply side, copper inventories were down 506 short tons at 35,877
short tons as of late Thursday, according to Nymex data.
Gold supplies fell 102 troy ounces to 7.53 million troy ounces and silver
supplies were down 408,351 troy ounces at 125.1 million troy ounces.

SVE 25.5 - 27p + 1.75p

up at both sides now

Today's "keep an eye"

TSG 96 - 99p +3.5p
up at both sides this time

a full turn around after the marked down this morning
MMs buying on large lots

End-of-day Market Summary

Have a good weekend traders! Don't let anyone make a fool of you in the morning.... ;-)

G.

nbsp          JOKE OF THE DAY

Two elderly ladies meet at the launderette
after not seeing one another for some time.

After inquiring about each other's health,
one asked how the other's husband was doing.

"Oh! Ted died last week. He went out to the garden to dig up
a cabbage for dinner, had a heart attack and dropped down dead
right there in the middle of the vegetable patch!"

"Oh dear! I'm very sorry." replied her friend
"What did you do?"

"Opened a can of peas instead."

                  

Probably a bit late to be asking this, but does anyone have any info re the imminent floatation of XYZeetrak (XYZ) ?

"The first of April, some do say,
Is set apart for All Fools' Day.
But why the people call it so,
Nor I, nor they themselves do know.
But on this day are people sent
On purpose for pure merriment."
~Poor Robin's Almanac (1790)~

APRIL FOOL POEM
Small April sobbed I'm going to cry
Please give me a cloud to wipe my eye
Then April Fool she laughed instead
And smiled a rainbow overhead.

A FOOL'S DICTIONARY
April Fool: A person successfully tricked on 1st April.

Fool: A person who acts unwisely or imprudently, a stupid person, a jester/clown. One who acts in a joking/teasing way.

Fool's Cap: A cap with bells attached worn by jesters.

Act the Fool: Behave in a silly way.

Fool's Errand: A fruitless venture.

Fool's Gold: Iron pyrites, often mistaken for gold.

Fool's Paradise: Happiness founded on a illusion.

Fool's Parsley: A species of hemlock resembling parsley.

Playing the Fool: To act like the idiot or foolishly.

Tomfoolery: Foolish behaviour, nonsence.

Trompe-l'oeil: A still-life painting, designed to give a illusion of reality. Literally 'deceives the eye'.

Foolery: Foolish behaviour/a foolish act.

Foolhardy: Rashly or foolishly bold, reckless.

Juzzle
Earlier plans to list simultaneously in both London and New York have apparently been deferred. The NY listing will come later.

Latest indications are of a likely launch price somewhere between 115p and 125p.

I could only get this from the press..........

"..Savvy investors are this weekend fighting to get their names registered
for shares in a small company which is being fast-tracked for launch on
London's Alternative Investments Market (AIM) this month.

XYZeetrak has already won itself a huge customer base in little over
8 months of trading, relying entirely on a viral marketing scheme.
It specialises in a tracking service available to any user of current generation mobile
phones, at a tiny fraction of the price of any other tracking system on the
market. It is already attracting the attention of the biggest names in the
field, two of whom are rumoured to have attempted a buyout ahead of the
proposed floatation. The company however is adamant that the float will go
ahead. Analysts are convinced that if it does so, the share price will be
quickly driven to a huge premium, especially as the predators who have so far
been rebuffed are likely to continue pursuing a company which seems to have
stolen a march with some amazingly clever and cheap-to-produce technology that
is expected to achieve immediate worldwide success.

Controversially, the company is promoting itself using large grafitti images,
some of which are then featured on billboards. An approach which recalls
the shock tactics employed by the fashion firm Benetton, and the betting
firm PaddyPower - which many critics condemn as irresponsible.

The co-founders, Val Mitrenko and Clive Pearl, who first met at Edinburgh
University, already have two successful businesses to their name. One of them
in the fast growing wi-fi field and another in property - the latter utilising
profits from their earlier projects and from this latest XYZeetrak phenomenon.
Together with two other directors they will initially retain 45% of the shares.
Institutional buyers are thought to have already laid claim to more than half
of the rest..."