FKLI gap down after lunch and went down straight to 1426/1427 support level. Since then, it is moving sideway.
With the FOMC Dec 11 interest rate, the market is getting trendless. Overall, FKLI market is weak but with FOMC announcement, FKLI market may jump up.
Let's see as the next few days develop.
Monday, December 10, 2007
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