Good morning traders!

In Asia today, the Nikkei closed 152.91 points higher at 17,209.92, while the Hang Seng ended the morning up 289.49 points at 19,902.90.

New York Mercantile Exchange's main oil contract, light sweet crude for delivery in February, was up 36 cents at $53.35 a barrel from $52.99 in late trading in the US Friday.

Happy trading!

G.

Morning all.

master RSI - HML - don't disagree with your analysis, though i note that after the initial opening surge, sp has pulled back to only +0.2 ...... what would worry me (if i held) is that there seems to have been a hefty "buy" mailshot ..... past experience of HML is that investors should put in a trailing stop and /or a limit a little below that 5.75 level

Good morning all

Another one for the "UPS" (Added by Master RSI on Mon 15 Jan 07:54 am)

YOO - Mid 1.75p

Reason - A BUY recomendation will come later from Sharepoint, saying: "they are in talks with the Football League with a view to revolutionising ticket sales for major sporting events in the UK"

Another one for the "UPS "
(Added by Master RSI on Mon 15 Jan 09:06 am)

GOO - Mid 8.125p
Reason - Bouncing from lows lately is now into a double bottom, (a very positive charting ) with Indicators rising from Oversold. Company sees progress on 2007, on a L2 of 4 v 3 and able to buy at 8.20p

Chart showing the double bottom now in process

End-of-day Market Roundup