Wednesday, July 22, 2009

FKLI : morning gossip...1130-1135 first

DJ +70, 6 month high, 7 days winning run

8.35 : DJ futs -20. NK -42 on yen gains. Kos -3.

Enough to reverse yesterday's momentum ? May be not. mkt is seen soft till HS opens. Everyoen seems a bit "tired" and DJ double-digit gains may not be so attrative given it recents big triple digit gains. Plus, many would be worry of a pullback now.

Below 1040, a sell mkt today.

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