Friday, April 17, 2009

FKLI : Morning gossip

DJ +95p/+1% on "beating estimates " earnings from Google and JP Morgan

DJ futs -13p. NK +2% Kos +1%

Hopefully this is enought to weather some of yesterdy dark clouds especially FKLI. All eyes on cash now to blow the clouds away. As long as cash moves within 960-970 FKLI is likely to stay above critical support of 948-950. Danger of a breakdown remains high if this support fails.

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