Friday, April 23, 2010

Fkli wrap...bulls plan still intact...good chance




Bloody quiet, especially afternoon. Outperformed the regional, mostly -0.5% to -1% on late buying, following Europe performance, +0.6% and DJ futs reversing some losses , from -30 to -4. both mkt is still fighting against 40-great wall of Malaysia”

Mkt ends the week on strong note despite Mon’d sharp drop. Fkli is back near 40s lvl, wanting to take the mkt to new higher lvl IF fbm permits –meaning a convincing cross above 40.., as this would the signal the beginning for next rally, 1350-1400.



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