Thursday, August 19, 2010

Fkli wrap...considered 1400 done deal already..?




Riding on fbm gains, fkli moves nearer to 1400 but cautious tone above 90 today. Regional mostly higher but losses steam in late trading hours. Europe.Dj futs flat to slightly minus.

Financials continue to give fbm a boost, CIMB takes over the lead role from MAYBANK, strong 2Q GDP data increases hope of further business deal in the future. FBM 5 day wining streak, +43.

Still waiting for trading sell mode or long at pullback as mkt is due for at least 10-15p adjustment. . First sign is when immediate support 1387 is breached or when fbm <>

No comments:

Post a Comment