Emini S&P500 futures reverses off the mornig lows.(15 min) Looks like Raubini's cronies covering.... GDP came in at 1.6% for the 2nd quarter, another nail in the 'double dip' story...
Where is the $ flowing? FBM KLCI and FBM70 (4 hr charts). And throw in a chart of the 'darling' stocks of the retail inve, Supermax.
It is always good to remember the adage of value investing, "when you buy a stock, have expectations that it will just as likely go up 33% as it will go down 50%".
Labels: ES, fkli, index futures, KLCI, stocks
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