Wednesday, August 05, 2009

FKLi : morning gossip...1175-1182

DJ +33, ended a choppy session higher Tuesday as a better-than-expected housing market report helped investors extend the recent rally, leaving Wall Street at more than nine-month highs...CNN

8.20 : DJ futs -2. Regional firm, NK +14. Commodities prices are higher.

Another attempt at 1180 ...yes and keeping my fingers cross. Immediate support is raised to 1170.

first, fkli is seen narrowing the dis to fbm but unlikely to move ahead of fbm amid its recent toppishness. fmb have to lead above 1180.

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