Deep diving heading to 19,000: 19,259.83 (-634.48)

The US market opened high last night, but there was some rumors that depositors in Greek were queuing up to withdraw hugh cash from the local banks. The market reversed, with DJIA finished at 12,632 (-63). The AP markets tumbled this morning. The HK shares in US ADR market were traded down for more than 1% on average. This morning the May futures opened lower low at 19,455 (-180) bringing the stock market to open at 19,655 (-239) fifteen minutes later. The market then continuously be traded down. Half day market closed at 19,366 (-528). Half day turnover is 30.2 bil HK$. The market continued to decline in the afternoon. The market finished at 19,260 (-634), Turnover of the day increases to 65.7 bil HK$.

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