FKLI : morning gossip....1215-1220

DJ +100 no reasons just an opportunity to jump back into the market.

8.30 : DJ futs +2. Regional up 0.5%. Ringit very strong, year high again. Gold near record high, the rest mixed.

Given yesterday's "push up" from 1210 to 1216 on KLK price, theory wise, Fbm is expect to return to 1210 if profit take hits klk. But with DJ 1%, can the remaining 29 stocks keep fbm steady and near 1220 in the initial stage. Unlikely in early hours.

While expecting intra-day positive, FKli is too risky to long in early trading givne the above scenario. 1210-1220 first, buy near support first. If breakout later says in PM can do breakout.