Wednesday, January 12, 2011

Fkli wrap... 1580 part 2...but concerns over fbm drag

-fbm strong in the first AND last 15 mins, z z z z in between. The latter thanks to GENTING sharp gains.

-Strong externals, especially in PM, fail to cheer up fbm. But fkli is confident fbm will catch up tomorrow. It regains back above 70 in the last 30 mins of trading and hit new day's high after mostly at 67 in PM. DJ futs +50

-fkli is now seen making one attempt at record high this week but sustainability above 1580 is unlikely as fbm is prompt to profit take this week.

-take long bet if fbm 1570 as 1600 seen coming …not this week lah!

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