April 12, 2006

FKLI Futures Technical Reading

When it comes to trading, money changed hands when fear is being instilled into the weaker party. This morning's price action was a result of front runners running ahead of institutional orders. This provides excellent opportunity to go long. For those who have been long, stay long as the tide may be turning towards the long side. There might be a little shake out tomorrow when stops are run below 930. In any case, stay long. Stay close for further updates.

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