Friday, February 05, 2010

Fkli wrap: not too bad ..only -1%!





-a big gap opening and stagnant for the whole day, mostly 1245++. It finished near the low after fbm dipped below 1250 in late trading on seeing Europe -1% start.
-regional dw -3%
-technically is definitely bearish,if below 50, but concern over a quick rebound towards 7SMA unless DJ takes another big tumble. Still, below 40 is fresh sell signal next week.

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