Wednesday, September 30, 2009

FKLI : morning gossip....1210 junction

DJ -47 on conflicting data, storng housing weak consumer confidence data.

8.30 : DJ futs +12. Regional decides to go +ve ,near +0.5%. Commodity n FX seem quiet.

If fbm trades below 1210, fkli intra sell until a breakout occurs, if any, with eyes on 1200.
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2 comments:

  1. AnonymousWednesday, September 30, 2009

    eyes on 1200 mean if below 1200 can short sell or buy?

    ReplyDelete
  2. KHSWednesday, September 30, 2009

    Hhih, 1200 is intra-day buy, anticipating support here. But, trend wise is still down.

    ReplyDelete

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