Monday, April 11, 2011

Fkli wrap...Fri's toppish ..Mon's selldown...

fbm profit take sell from get go to the end, lead by GENTING, PCHEM. A lack of strong external positives keep fkli at wide discount. Regional mixed and softer tone. Europe/Dj futs flat. Tech selling under 50 too and fresh pressure going forward amd a closing under 7SMA support, reinforcing a pullback tone after the recent run from 1470. Year-high sayonara targeting 30-50 lower range first if mkt under 50.

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