20110930 Daily FKLI futures, below 200 mov avg, not bullish. However manages to close above one of the shorter mov avg.... below that is bearish?
At a dinner for traders last night, a trader was commenting on his car number plate, always go for '9' as the Hokkien believes it is an auspicious number. While another trader was talking about meeting a Taiwanese feng shui master with an 'all seeing fifth eye', who basically said that there was no doubt there is a big manipulator in the local futures market. 'Why would I not kow about this?' the master said.... Basically all are hocus pocus and mumbo jumbo... believe it or not? Oh and the first trader who has the very auspicious '9' plates....is yet to turn any profits this year, being down....
Labels: fkli, index futures
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