Good morning traders!

In Asia today, the Nikkei closed 8.20 points higher at 15,734.14, while the Hang Seng reached the midpoint up 58.03 points at 19,012.66.

The New York Mercantile Exchange's main oil contract, light sweet crude for January delivery, was up 25 cents at $59.05 a barrel from $58.80 in late US trading overnight.

Earlly broker notes:

TAYLOR WOODROW CUT TO 'EQUAL-WEIGHT' VS 'OVERWEIGHT' AT MORGAN STANLEY
JOHNSON SERVICE CUT TO 'SELL' VS 'HOLD' AT CITIGROUP
HOMESERVE CUT TO 'HOLD' FROM 'BUY' AT DRESDNER KLEINWORT

Happy trading!

G.

Good morning all

I selected the shares again on the "UPS" thread, earlier on ........

"UPS" (Added by Master RSI on Tue 21 Nov 08:24 am)

SEO - Mid 1.545p
Reason - Had a 33% retracement since reaching 2p last week, and now is moving higher again, though on lower volume, stochastic at oversold again and RSI bouncing from 50.

CEN 7.75 - 8.50p +0.625p

has been doing well lately after the BREAKOUT

Added the share a bit earlier still 7.75 - 8p spread

"UPS" (Added by Master RSI on Tue 21 Nov 10:49 am)

NPE - Mid 7.875p

Reason - It has secured today the rig slots thatwill allow the group to proceed with the drilling of the North Sea Kraken and Mermaid prospects in mid-2007. Has formed a plateau at the bottom and now the charts look better as Indicators are oversold.

Midday Market Roundup

        LUNCH TIME FUN

End-of-day Market Roundup

        JOKE OF THE DAY

Old Wisdom
After working his farm every day, an old farmer rarely had time
to enjoy the large pond in the back that he had fixed up
years earlier with picnic tables, horseshoe courts, and benches.

So one evening he decided to go down and see how things were holding up.
Much to his surprise, he heard voices shouting and laughing with glee.
As he came closer he saw it was a group of young women skinny dipping in his pond.

He made the women aware of his presence and they all went to the deep end.
One of the women shouted to him, "We're not coming out until you leave."

The old farmer replied, "I didn't come down here to watch
you ladies swim or make you get out of the pond naked.
I only came down to feed the alligator."

Moral:
Old age and treachery will always triumph over youth and skill.