Monday, August 17, 2009

FKLI : morning gossip.....1180-1185

DJ -76 on weak consumer sentiment.

8.30 : -34. Regional is dw 0.5% to 1%

Another acid test...back to consolidation mode at best if not a pullback mode. Fbm is likely to stay above 80 on initial selling pressure. fkli breakdown risk below 1180 is great but could recover if discount is wide.

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