Friday, August 14, 2009

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

DJ +36

8.30 : DJ futs -6 . Regional upbeat depsite weaker-than-expected DJ overnight. NK +1% Kos+1.5%

Mkt is seen firm in a range bound trade , 1180-1185 if lucky 1190. A breakout higher is unlikely till HS opens. In the mean time DJ gains would hold the mkt above 1180, awaitng fbm signals, which has been rathr mute lately...hopefully to see some surprises today

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