20070627 1230. FKLI collapses with the regional markets. Jul FKLI trades at 1340 at 1230 pm, which iis a full 21 points from the sell signal yesterday. Those who take on the risk of holding positions short would benefit from such a gap down and trend day move like today.

We alluded to fact that the small cap stocks were up and big caps dropped for the past few days. Now we know, small caps are retail/syndicate driven=dumb money, and big caps are institutional and big boys=smart money.