Phew, what a day of ups and downs

The stockmarket closed slightly lower yesterday after a stirring battle between bulls and bears took the market on a yo-yo ride in which the All Ords hit a low of 4973 during the lunch break.
More speculation about a cooling of the US economy seemed to make investors nervous.
ABN Amro Morgans private client adviser Simon Ferguson said the local bourse was watching the overseas markets closely.
"There's not a lot of local company news to drive our market, so we're following the US sentiment, which is uncertain at the moment," Mr Ferguson said.
He said figures published yesterday showing the Australian economy gathering momentum in the March quarter had not had much influence.
But the local market was holding up quite well and investors were still fairly confident about the mining sector.
The ASX200 closed 10.6 points lower at 5025.5 while the All Ordinaries was down 12.6 points at 4991.9.
At the end of day trading on the Sydney Futures Exchange the June share price index contract had retreated 12 points to 5029, on a volume of 26,136.
In the resources sector, global miner BHP Billiton shed 17c to $27.85, and Rio Tinto fell 28c to $77.22.
Mt Gibson Iron was 3c lower at 84c as it sold its stake in Asia Iron Holdings for $52.5 million to a Chinese steel maker.
Oil and gas producer Woodside retreated $1.17 to $43.15 and Santos backtracked 34c to $11.24.
Oil and gas developer Anzon rose 5.5c to $1.38 as it said it was happy to end up as the largest shareholder of Nexus Energy, despite having to abandon its takeover bid. Nexus was 4c richer at 68c.
The major banks were mixed. The NAB was steady at $34.85, Westpac up 1c at $22.30, the ANZ eased 6c to $26.25 and the Commonwealth shed 5c to $43.07.
In the golds, Newcrest rose 47c to $20.38 and Lihir firmed 4c to $3.05 but Newmont sagged 12c to $6.95.
Monarch Resources was up 1.5c at 29c. It said an early commissioning of its West Australian gold projects would accelerate the company into the ranks of mid-tier gold miners.
Among the newcomers, Rey Resources gained 1c to close at 17c and Icon Resources was steady at 21c.
The price of gold in Sydney was $US623.05 per ounce, down $US15.20 on Tuesday's close.
In media, News Corp was up 4c to $27.00 while its non-voters put on 15c to $25.80. PBL reversed 47c to $18.44 and Fairfax advanced 8c to $3.78.
Seven Network rose 4c to $8.49 after it and Global Television, in which both Ten and PBL hold 24 per cent, signed a joint-venture deal to provide production services to the television industry. Global Television climbed 5c to 80c.
Ten was down 1c to $2.99.
Retailer Coles Myer was steady at $11.65 and rival Woolworths gained 11c to $18.81.
The top traded stock by volume was IT provider Multiemedia, with 33.9 million shares worth $274,0000 changing hands. Multiemedia was up 0.1c to 0.9c.
National turnover was 1.04 billion shares worth $4.36 billion, with 620 stocks down, 447 up and 359 unchanged.