Tuesday, June 30, 2009

FKLI : morning gossip...1080-1085 b4 klci

DJ +90/+1%, rallied Monday, with oil and technology shares leading the way as investors scooped up shares hit in the recent retreat, at the start of a holiday-shortened trading week...CNN

DJ futs flat/ NK +161/+1.6% Kos +16 Commodity generally higher. "More-speculative" product like crude oil while agricultural products are trading lower

Will finish the 1H09 with a bang ? Maybe not above 1100 but put in a good position for the next rally.

Fkli is seen flirting with 1085-1090. A convincing run above 1090 is hard, unless klci trades above 1085.

Above 1080 is a trading buy mkt.

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