Morning gossip..fkli poor start, fcpo bearish start

DJ -30, Europe dw 1%, on concerns over 4Q earning results....after a bad start with Alcoa's miss.

8.15 : DJ futs +2. Regional dw 1%. Commodities slump 2%

FKLI - can 90 hold ? initial seling is likely to create 86-90 range and technical selling will exert pressure today. Probably a sell mkt today, stopping near 86++. To the upside, staying above 90-93 is the upside potential.

FCPO - will take another beating today, with SO/CO -2% on on late technical selling Generally, it looks like 2500-2550 trading range. Resistance is lowered to 2570 from 2600.