Monday 2 Feb ... margin Call Monday, page-22

SEE the problem local sand pit players are facing is that they sold off
SPI F on Friday close.
Before DOQW opened on Friday night, they kept on selling SPI F and when DOW recovered 4% loss and close 1% up they closed still down and kept on
selling TODAY/MONDAY too.
S N P was up 12 points on our close and they still kept on selling SPI F. and now S N P IS UP 65 POINTS AND SPI F is up only 10 points. Come Tuesday if we get a rate cut SPI F will be knocking at the door of 6500. With current volatility any thing can happen before that. so makes it hard to go with that view and take a position.
SPI is behaving just dead.
Not only that even China was so strong today. SPI F still did not recover.and they again