Wednesday, January 27, 2010

Morning gossip.. fkli weak fcpo firm

DJ -2 off highs on sell on reobund tone. Europe ends losing streak, near +0.5%

8.20 : Dj futs +10 on Yahoo result. Regional flat, still cautious. NK +9. Kos -9. Commodities firmer within +0.5%.

Fkli - with DJ small gains, fkli may avoid a selloff but Q is how well can the mkt sustain a rebound. Jan may stuck within 78-82 first. A breached below 78 is strong intra-day sell signal. Above 1282 is safe zone for bull.

Fcpo - SO +1%. This could help Apr 10to float above 2400 in the initial trades. B ut dw risk remains for the day.

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