20071022 1215. FKLI futures forms the breakout levels at the close of the 12:15 pm 15 min candlestick. The Bloomberg reporter was saying, "Some fund managers say market participants are loath to short the Asian markets...." Well, if one shorted the HSI futures last Friday at the close, the gap down this morning was 1,000 points, or equivalent to Rm50,000 per dontract movement. Bottom line: only listen to and watch CNBC or Bloomberg TV for entertainment and fun, they ar the klaxons for the 'big manipulators', in my opinion.
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