daytrade diaries... may 27 part 2

Afternoon folks.

Half-time round-up: a big night on Wall St carried the local market higher this morning but a monster ANZ capital raising and a profit warning from SUN restricted gains.

At 1pm, the ASX 200 was up 25 points or 0.7% at 3813 after earlier touching an intraday high of 3836.

Asian markets were much stronger, with the Nikkei up 1.5% and the Hang Seng advancing 2.7%. Dow futures were recently 15 points weaker after last night's 2.4% rise. Gold has wilted in morning trade, losing more than $5 to trade at $947.70 at 1pm.

Been a good morning's trade at HLL's humble trading croft. Took profits on IOF, caught a few points on the nickel-inspired run in MCR this morning and had nice bounce trades in EXT and MAK.