Tuesday, December 22, 2009

FKLI : morning gossip...60-65

DJ +85, investors cheered a combination of Alcoa's upgrades and corporate deal-making, and heath care.

8.20 : DJ futs +14. Regional near +1%. Dollar strong. Commodities weak. +1% to -1% moves across the board. Quiet

Fkli is seen taking the familiar range of 60-65 as fbm is expeced to bounce back towards 60++. At best the fkli would reverse Fri's and yesterday's negative while dw risk remains great today.

Above 59, intra day buy.

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