FKLI : morning gossip...1177-1182

DJ +110/+1%, after better-than-expected readings on manufacturing and car sales added to bets that the economy is starting to stabilize...CNN

8.20 : DJ futs -4 Regional up 1%. Commodities sruge.

At 1% rate, the mkt is seen testing 1180++. The mkt will trade at the upper range of 1160-1180 instead of lower one, like yesterday. Mkt may stay here till HS opens...unless fbm can shoot above 1180. ..to justify a strong breakout.

CPO prices should lend a hand to push fbm higher via plantations heavyweight.