Thursday, February 18, 2010

Morning gossip..fkli firm fcpo soft

DJ +40 as investors considered a better-than-expected housing report, a mixed forecast from the Federal Reserve and some upbeat company news. ..CNN .Europe near +1%, 3-day winning streak.

8.15 : DJ futs -2 Regional flat, +0.1%. Commodities taking a breather after strong gians yesterday, -0.5%. Gold flat. CO -0.5%

Fkli- another attempt at 60 resistance ? 55-67 range but cautious the upside on profit take unless fbm re-visit 60 and stready within 60-65 range. feb is seen staying near 58-61 first.

Fcpo - SO -0.5% .May probably takign the same range of 2580-2630 but this time near 2600. Fresh buy signal is when May breaks 2630 resistance.

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