Thursday, September 10, 2009

FKLI : morning gossip.......1200-1204 starts

DJ +50, slowly but surely.

8.30 : DJ futs -2. Regional very strong, up 1% on strong Europe mkts overnight, +1.5% avg.

Fkli is probably eager to re-test 1206 but will have to wait for fbm to take out 1200 first before any chance. Otherwise, reliability issue. Above 1194.5 is intra day buy mkt. Immediate Q is any fresh breakout ?

Buy on breakout above 1206 or if fbm breaks 1200.

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