Good morning traders!

In the US Friday, the Dow fell 97 points at 12,143, the Nasdaq lost 10 points at 2,756
and the S&P500 shed 8 points at 1,292. News of a deal to raise the debt limit and cut the
deficit have given US stock futures a boost in trade this morning.

In Asia today, the Nikkei was recently up 178 points at 10,011, while the Hang Seng
ended the morning ahead 339 points at 22,779.

WTI crude oil traded at $97.06 a barrel and gold settled at $1,615 an ounce.

Happy Monday!

G.

Opening Market Overview

"It is necessary to make some changes to the production of the Monday Traders Thread that is created over the weekend.

Initially it will revert to the form of the regular daily thread, omitting the Calendar, Sunday News and Supermums Week Chart View."

Not too impressed with the Master RSI 'News' efforts, which appear to be instead of the more usual type of posting.

Not a note of explanation as to why.
Is he taking over from you Greystone?
Are you retiring from this task?
If so, is this task done merely for some subscription benefits or is it a remuneration thingy?

exec,

The simple matter of the fact is that it has been cut down due to Alan (Greystone) wanting to enjoy a full weekend instead of compiling the thread on a sunday. He will be concentrating more on his journalistic duties in putting the home page together.

Master RSI has posted off his own bat - just like all subsequent posts on this thread and is not a replacement for Greystone

Ian

That is right " Ian " The Sunday Papers was from my " UPS " thread,
and just like "Alan" I need a rest after 11 years of 6 days a week
and 8 to 10 hours a day posting there,
but not sure yet, when that will be.

And a difference from " Greystone " I do it for free to my followers

From the "UPS" thread earlier .............

Master RSI - 1 Aug'11 - 09:23 - 24 of 27 edit
FDI 26.875p ( 26.75 / 27p )

Buyers today after a large drop. Placing last week @ 27.75p above today's price, small spread and positive Level 2 of 2 v 1. Recent tender sales have been at much higher prices than lately. Share price below lower Bollinger Band (buy time)

   

Thanks, Ian.

I've read your note of explanation so you can take it down now. :-)

Midday Market Overview

         AFTERNOON FUN

re - UP and DOWN

A CRAZY market or is CRAZY Americans

End-of-day Market Overview