Tuesday, September 15, 2009

FKLI : morning gossip.....1205-1215

DJ +20 on late surge in PM after commodities rebounded.

8.30 : Dj futs -10. Regional, NK/KOS up near 1%.

From the anticipated -80 to +20, DJ's stronger-than -expected action could push fbm.fki back to 1210. A breakout still seems unlikely till SH or HS open. But at least 1200 support is stil a good bet.

Fkli seen trading firm within 1205-1210 band and strong probability of doing 1210-1215 ifc regional strength continues.

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