daytrade diaries... november 5 part 2, page-2

The Australian share market was in the red at noon after a broad-based sell-off, although a higher oil price overnight drove gains in the energy sector and investors flocked to health care stocks.

All Ordinaries index had dropped 17 points, or 0.41 per cent, to 4529 points.

Some analysts are saying "The market is at a point of inflection. It feels like it wants to go down, but there is no catalyst for it at this stage. The market will probably be looking next to (US) unemployment data coming out on Saturday."

According to figures released by the ABS today, Australia had a trade deficit of $1.849 billion for September widening from a deficit of $1.651 billion in August.

The best performing sector at midday is the Industrials index which is up 40 points to 3,729.

The worst performing sector at midday is the Real Estate Investment Trust index, down 15 points at 840.

Gold is trading at US$1,089.85 an ounce and the Aussie dollar is trading at 90.94 US cents.


6 November
Australia RBA quarterly statement
Japan leading economic index, Sep
UK producer price index (PPI), Oct
US employment data, Oct
US wholesale inventories and sales, Sep

ADQ Annual General Meeting
AGO Annual General Meeting (05:00 PM)
BBI Annual General Meeting
BER Annual General Meeting (12:00 PM)
CAZ Annual General Meeting (01:30 PM)
CSE Annual General Meeting (11:00 AM)
CWP Annual General Meeting (10:00 AM)
DSF Annual General Meeting (01:00 PM)
EQT Annual General Meeting
EYE Annual General Meeting (11:00 AM)
FAT Annual General Meeting (10:30 AM)
FMS Annual General Meeting (10:00 AM)
FRI Annual General Meeting (10:00 AM)
GRT Annual General Meeting (11:30 AM)
GRT Annual General Meeting (11:30 AM)
HIT Annual General Meeting (04:00 PM)
HNR Annual General Meeting
HZL Annual General Meeting (09:00 AM)
IMF Annual General Meeting (10:00 AM)
INE Annual General Meeting (01:30 PM)
NPX Annual General Meeting
OBJ Annual General Meeting (10:00 AM)
PLI EGM
PNO Annual General Meeting (02:00 PM)
PNX Annual General Meeting (11:30 AM)
PTM Annual General Meeting (10:30 AM)
RCO Annual General Meeting (10:00 AM)
RMD Quarterly Results
TEL 1Q Results
TGF Annual General Meeting (10:00 AM)
URM Annual General Meeting (03:30 PM)
VHL Annual General Meeting (02:45 PM)

DOM: Bought some at 3.61
LRC: Bought at .02(more anns to come)


http://www.marketwatch.com/
http://www.thebull.com.au/
http://www.news.com.au/business/

"Rule number one of investing is never lose money. Rule number two is never forget rule number 1" Warren Buffet.