Hello traders!

US stocks rallied to a sharply higher close tonight. The Dow Jones Industrial Average rose 136.07 points to 11,028.39, marking the average's largest one-day point gain since January 3rd. The last time the Dow closed above 11,000 was on January 11th.

The Nasdaq Composite ended 22.36 points higher at 2,262.17, while the S&P500 gained 12.67 points to 1,275.53.

See you in the morning with the latest.......

G.

Good morning traders!

In Asia today, the Hang Seng Index ended the morning down 49.06 points at of 15,371.26, while the Nikkei closed the day down 252.04 points at 15,932.83, its session low.

New York's main oil contract, light sweet crude for delivery in March, was down 16 cents at $59.41 a barrel from its close of $59.57 in the US overnight.

BHP Billiton said it made a record $4.364bn net profit for the six months to December....

Happy trading!

G.

morning campers

Morning all. Any Eurotunnel investors/traders here. ETL.L up over 80% in 2006 !!!! Where next? Back to 15p or up to 60p?

S/guide

Good morning all

I see you stuck it out with ETL Druid2 - I gave up a long time ago.

Quiet day yesterday - still long PSN & BT.A

lw - I have to hold on to them to get my 2 trips for 1 each every year. Although I have held them from 350p to date the 1 trips, twice a year, over the last 15 years or so have made up for the lost capital. Should have bought a pile of them, in the dip, at 15p and doubled my money but hindsight is a great thing.

Morning all, CTT is on a roll this morning, no news apparent. Any of you any ideas as to the reason for the sudden lift?

Looks like it could be all down to this:

Cattles initiated as 'BUY' by Citygroup, target 385P

Could be Opto.....
good news anyway!

FTSE100 is doing well over the last hour - I wonder if it will continue or turn?

tempted to short it

10p short UKX

PTL and EME seem to be the hot stocks at the mo.

talk EME could be worth well over 10 if just one of its projects comes off and the Cali drill is looking the one.Its only capped at around 27 mill so 1 hit and its up with the 10 bagger club.Worth a def punt i reck.

Me too LW!

But stockbunny - but have you done 1 or 10 a point (a lot more than my 10p!)?

1 have avoided the 10 mistake recently LOL

do you think its bounced? time to go long? or a bit premature?

Not touching it at the moment to be honest, short worked but not confident on following up. Shorted LMI...hopefully not too soon!

Midday Market Summary

Take a look at FUTURA MEDICAL (FUM.L)
Should anounce a tieup with a big pharma very soon could sent share price up 20%