NKorea providing Iran with nuclear help: report
Posted: 24 January 2007 0857 hrs

http://www.channelnewsasia.com/stories/afp_asiapacific/view/254352/1/.htm

wah lau eh. the 2 bad boys with ganged up eh

Oil prices rocket on cold snap as Bush unveils energy plans

NEW YORK : Oil prices leapt higher on Tuesday as traders fretted over colder temperatures and geopolitical tensions and US President George W. Bush prepared to call for a doubling of US emergency oil reserves.......

Posted: 24 January 2007 0500 hrs

http://www.channelnewsasia.com/stories/afp_world_business/view/254323/1/.html

[15:30 US TECHS: Commodities Outlook; Gold and Oil] Boston, January 23.  The    
tendency in [gold] to stay closer to the upper end of its long-term triangle in 
place since May/June extremes were set has given the market a more bullish      
outlook.  200-day moving averages held a test at the start of the year, and     
converging 40-and 50-day averages just above $631 were closed above last Friday 
and on Monday.  Today"s bullish action has slightly broken past Dec 1-Jan 3     
downtrends.  Prices are in side weekly resistance at $642-45; larger monthly    
targets on a firm breakout are $652.50-660.  Intraday supports are at $642.50   
and $639.50, both gradually rising.                                             
    The rise in [oil] (now tracking March futures) could lead to a bullish view 
on daily trend models as soon as today.  Trend Intensity, a separate model and  
one which is not as quick to be triggered, is still bearish.  The market has    
barely broken out of inside week structure, and weekly resistance starting near 
$54.90-55.60 has not yet been probed.  This band overlapps $55, a key reference 
level on nearest futures charts.  By way of follow up, the retest last week of  
all-time oversold readings from 1986 on certain momentum studies has seen a     
small bounce as the sell off has waned.  The upturn since has been quite minor  
relative to the broad move down, and rather than call this an absolute bottom,  
chances of at least one more new low should not be underestimated.              
Joel.Marver@thomson.com