Monday, November 09, 2009

FKLi : morning gossip....60-65

8.35 : DJ futs -3. Regional mixed NK -7 kos +16. Commodities extend Fri's losses.

Fkli/fbm are unlikely to run to new high ground, maintaining firm stance ahead of HS opens. DJ Fri's 23+ gains are unlikely to raise regional tone. Will see whther regional will reward weak US employment data.

Upside depends on regional action. In the mean time, trading sell below 60 for fbm and 65 for fkli Both targeting 55.

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