Wednesday, November 03, 2010

Fcpo wrap...last 2 min profit take from 95 to 83




Still the same story…3100 toppish because of a poor PM’s opening pressure, tacking SO -0.5% after coming back from lunch. But still resilient…patience is key to dealing with mkt like this.

Fcpo is getting 3100-toppish feel and therefore must close above 3100 to discourage bear activities next week. 3100-3200 remains hopeful till it breaches 3070.


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