Monday, December 14, 2009

FKLI : morning gossip..60++

DJ +65

8.30 : DJ futs -6. Regional firm , flat, +0.1%, digesting a stronger dollar effect

Fkli push and pull will continue....55-60 or 60-65 depends on fbm. fkli will start near 60 cautious and more upside if fbm breaks above 62. if fbm below 60, fkli will likely to stuck in55-60 range.

US economic data this week....Fed decision on R% ( consensus no chg), housing data ( est +575k unit). both on Wed. As usual, Thu's weekly jobles claims

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