Friday, April 03, 2009

FKLI : morning gossip

DJ 3 in a row. +216/+3%.

DJ futs -8p. NK +2%. Kos +1%

Cash probably set its eye on 920 if a rally happens again. RM gain 1%....foreign buying stocks?

Anticipating a strong mkt first, FKLI is seen at 910-930 range. Keen sellers will need to seek out any weakness along the way. If profit round happens, downside risk is 900.

Given the premium, FKLI is seen start slow with an opening firm around 915.

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