FKLI riding on external factors and changed to positive tone. But volumes were mild and many shorts were stopped out above 1020.
The effect of a “DJ strong rebound after a mild pullback” was surprisingly powerful and lured investors in droves on Monday. Players re-focus on signs of an early turnaround in the global economy. ... ahead of US critical housing data today. It seems players are more willing to bet on the positive side.
The effect of a “DJ strong rebound after a mild pullback” was surprisingly powerful and lured investors in droves on Monday. Players re-focus on signs of an early turnaround in the global economy. ... ahead of US critical housing data today. It seems players are more willing to bet on the positive side.
Plus, banking sector up on news that US major banks may soon repay government bailout funds. Commodities stock up. And basically everything just followed…
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