Market volume still remained light and markets finished mixed....
SlovAkia has rejected the expansion of the Esfs which is seen as critical to its future sucess as 440 bln just isnt going to cover the losses from soverign writedowns..
Alco earnings out, despite a massive last minute revision to the downside by analysts, still missed....revenue up but that was to be expected on fx...alcoausually sets the tone and will give confidence to the bears who have endured 1000 points on the dow in five sessions and 9 pc in oz in a week....
News stories of interest,,faber says crisis to continue and usd will strengthen
Rhoubi back i. The news,,, ususal story there,,,world double dip forgone conclusion
Gillard government vote on introduction of carbon tax today, if it passes this will have negative impact on future earnings confirmed...
Usd rising after its close, gold easing,,,dow futures down.....sloppy day ahead,
NCM Price at posting:
$36.40 Sentiment: ST Sell Disclosure: Held
