Monday, June 20, 2011

FKli wrap...toppish but no bears yet...




Fbm sideways within Fri’s range , toppish stance from start n dips under 60 in PM. This takes some shine off fkli, doing 50-60 instead of 55-65. But upside tone remains.

Regional steady in AM and weaker in PM. Not much gains in AM despite DJ +50 gains overnight. Cautious on SH -1% on banks weakness. Further dwside in PM following EU -0.5% n DJfuts -80 losses.

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