Friday, July 03, 2009

FKLI : morning gossip

DJ -223/-3%, with the Dow losing 212 points, after a worse-than-expected jobs report hammered hopes that the economy is close to stabilizing. Employers cut 467,000 jobs from their payrolls in June, after cutting 322,000 jobs in May, the Labor Department reported Thursday. That made June the first month in four in which job losses rose from the previous month. ..CNN

8.30 : DJ futs holiday. NK -1.6% Kos -1% Commodities lower.

FKLI is seen traidng 1060-1070 range. Below 1067, is an immediate sell mkt.

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