Friday, March 06, 2009

FKLI : morning gossip

DJ fell 200 plus point or -4%. NK is near -3%. DJ fut -8. Ringgit is weakest since unpegged. So nothing is positive for the start today here.

Both our mkts are likely to finish near year-low ranges. But further fresh leg down is unlikely today ahead of the long weekend.

Good for intra-day bargain buying near supports once the regional mkts stabilise.

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