Wednesday, November 11, 2009

FKLI : morning gossip..75-80

DJ +20.

8.30 : DJ futs +30. Rregional taking cue from DJ futs, up 0.5%. Dollar weak. Gold up, the rest flat.

While only small gains, DJ perform better-than-expected yesterday and DJ futs is trading higher now. Market is seen upbeat and no breakout but at least move back 70s upper band.

Above 70, is intra day buy. Watch out for fbm, worry of gap 67-73. If break 73, fkli trading sell

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