Wednesday, February 10, 2010

Morning gossip...fkli strong, fcpo strong

DJ +150, as growing bets that European officials will rescue Greece from its debt problems reassured investors after a four-week selloff. Europe clsd bear +0.5%

8.30 : DJ futs +8. Regional strong near +1%. NK +85. Kos flat. Dollar weak, CO strong +2% Gold +0.5%.


fkli - back to 30-35 range ?...40 is possible is fbm trades above 35. Intra-buy tone expected, with immediate support seen at 30 or 27 depends on it opening lvl.

fcpo - seen taking the same positive range as yesterday, 2550-2600 and probably upbeat than yesterday, give soyoil another 1% gains. Above 2560 is intra-day buy.Above 2570 is strong buy signal.

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