Monday, May 23, 2011

Fkli wrap...last week's bulls suffer defeat........



Here it goes again -Bond dwgrade, Greece. Italy. Europe losses spark selling in equity today. Commodity lower on strong US$. Regional/Europe near -2%. DJ futs -100.

Fbm.fkli last week’s upside potential comes to an end today and likely to see further dwside towards the lower band of recent sideways play.

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