Friday, December 10, 2010

Fkli wrap..this week +12.5..but not-so-well closing


Fbm 8 point selloff in preclosing stage. CIMB the main culprit….-3/8. It looks like weekend adjustment not so much of external driven. External soft, quiet all day…cautious on China possible rate hike tomorrow while DJ barely move for the past 3 days

Already profit take tone for most of the day, the last min selling pull mkt back under thus’s breakout lvl. Because of one isolated event, fbm.fkli fail to finish on neutral tone but dwward-bias even though uptrend remains intact.

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