Very true G, a good nose required today alright.

7:00 am 23/01/2006
AFX UK at a glance share guide


LONDON (AFX) - Leading shares are tipped to come under further pressure in
opening deals following Wall Street's biggest fall for nearly three years on
Friday and as oil prices edge ever closer to 70 usd a barrel, dealers said.
According to spread-betting firm CMC Markets, the FTSE 100 is expected to
open 35 points lower at around 5,637 having closed Friday 20.8 points down at
5,672.4.

MARKETS
Tokyo: Nikkei 15,360.65, down 336.04
Hang Seng midday 15,463.72, down 198.36

TODAY'S PRESS
* Stability before tax cuts, says Cameron; Tory leader puts stress on economic
responsibility; stance may not please right wing of the party - FT
* Toshiba wins Westinghouse with 5 bln usd bid - FT
* Mirror sale on cards as TRINITY MIRROR chairman Sir Victor Blank quits for
LLOYDS TSB - Times
* 'Grannies' adviser at heart of QINETIQ sale controversy; Shriti Vadera widely
believed to be behind decision to exclude taxpayers from flotation - Telegraph
*COLT TELECOM to launch itself into the consumer mobile market - Times
* Drugs for Alzheimer's disease should remain available on the NHS to those
with moderate forms of the condition, the National Institute of Clinical
Excellence says - FT
* NHS told: put money before medicine; Hewitt vows to end 'handout culture' -
Guardian
* BHP BILLITON embroiled in Iraq oil-for-food scandal - Guardian
* Barrick Gold chairman Peter Munk says gold's price will keep rising as new
deposits of the precious metal become harder to find - FT
* REUTERS close to settling a lawsuit against Bloomberg that accused its rival
of infringing technology patents - FT
* Fast Retailing, the operator of Uniqlo, Japan's leading casual clothing
chain, hunting for an acquisition in England, its chief executive says - FT

PRESS COMMENT
FT
THE LEX COLUMN comments on General Motors (given the pension size, investors
may want more information on how GM is achieving its returns), Japanese equities
(the market remain a buy; always assuming, of course, the TSE is open), European
banks (look set for another year or two of above-average earnings growth: some
10-12 pct compared to about 8 pct for the market; throw in the prospect of
further consolidation and bank stocks deserve investors' interest)
Express
THE INVESTMENT STRATEGIST: Broadband puts high-techs back in favour
Independent
Small Talk: Stephen Foley comments on IP2IPO (may find few people to back
further spin-outs), FELIX (agrees bank deal), TITANIUM RESOURCES (ready to scoop
peace dividend in Sierra Leone)
Telegraph
AIM MARKET: Healthcare companies will draw an old age benefit (SYNERGY
HEALTHCARE, ALLTRACEL PHARMACEUTICALS, AKERS BIOSCIENCES

SKYEPHARMA CHAIRMAN IAN GOWRIE-SMITH RESIGNS

Morning all.

morning all and lw :-))

MAster RSI,

Sorry to ask this, but would you mind removing the chart from your post, as it is prompting an ADVFN login when people enter this thread.

Thanks

Ian

Master RSI,

Sorry, I have had to remove the charts as they were prompting an ADVFN login for our users. If you would like me to redo them with MoneyAM charts just let me know,

Ian

Morning all

MB - I'm a bit late this morning - hows it going?

lw,slowly but surely,glad i closed most of my positions over the weekend after the carnage over the pond !!! How you keep your self,pretty busy this time of year me thinks work wise ???

Mega...

long UKX tight s/l on

yes MB very busy

I see you are feeling brave ;-)

FTSE long from 45 starting to look good s/l move to lock in a profit.

End-of-day Market Summary