Wednesday, April 14, 2010

Fcpo wrap...why no follow through....mostly rolls..


maybe strong Ringgit ...
Lack of power to push mkt higher and despite firmer SO, FCPO struggled to cross above resistance lvl and ended in –ve territory on selling activities after 5pm.
Short rolls dominates today ahead of APR10 exprity tomorrow
No game changing event today..as the mkt fails to depart from 20-30 this weke yet. So the waiting game continues......


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