Monday, January 25, 2010

Morning gossip..fkli weak 1290++, fcpo weak

DJ -200/-2% Fri still feeling the impact of Obama and China since last wed.

8.30 Dj futs +40 Regional near- 1%. Speculative-bias commodity down 1 to 2%..Gold -15 Co -2%. Grains -0.5%

Fkli - bad day continues..this time may pause near 1288++ first with fbm dwside seen limited near 1290. If bulls are lucky, the mkt will still trade within 95-00 range. Hopefully with Dj futs +40 would limit the losses wihitn 0.5% to 1% on idea of seeing DJ bounce.

Fcpo - while SO just flat to -0.2%, is a dw-bias mkt, below 2470, amid external mood. Apr is seen taking 2440-2470, RM10-20 lower, first

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