Wednesday, December 16, 2009

FKLI : morning gossip....63-67

DJ -50 Bank shares led a late-session selloff Tuesday, breaking Wall Street's four-session win streak, as investors mulled mixed reports on inflation and manufacturing

8.10 : DJ futs +2. REgional firm. Kos +1p. Nk +1% tracking a -1% in yen against the dollar. Commodities firm +1% as dollar weakens.

Fkli is likely to hold firm today near 65 but unlikely to break above 70. At best, 65-70 range if HS does +ve.

Above 62.5, is buy tone.

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