Wall Street was down 185.58 points on Friday that sent the European & Asian stocks again to a tailspin.What a preplan strike which has been anticipated,a typical market agenda of fear by pumping negative news so as to rob peter & pay paul.
As for MDEX index futures,the market makers has anticipated this when a gravestone doji was formed on Thursday 21/6/07 prior to the hangman.
Anyway we have 4 more days to expiry and the roll-over is about to start tomorrow with heavy volumes.The market will be very bright again tomorrow & we can have good candlelight dinner.
As for Bursa stocks,the lower liners are stealing the show today.One counter I've notice is Maxbiz(formerly Geahin)opens at 0.195cents also the low,0.365 cents the high and closed at 0.36cents (+0.175) Volume:135887lots.Annalog Corporation Ltd,31/F,The Center.99,Queens Central.Hong Kong has bought & hold 7,578,900 shares of RM1.00. Pls be informed that on the 31/5/07 the company has defaulted in payment in relation to the demand of the sum RM23,070,388.38 regarding a RCSLS secured against 2 pieces of land.
Gap-up counters:TAMCORP,CENTURY,NYLEX,CEPAT