Friday, March 26, 2010

Starting grid... fkli firm1315-1318 fcpo weak 2550-60

DJ +5, as a late-session bounce in the dollar sapped the strength out of a rally, with commodity prices and stocks cut gains... CNNBut Europe +1% with talk of IMF involvement in an assistance package for Greece....MW

8.15 : Dj futs -18. NK +80 on weaker yen, -0.5%. KOS -4. Commodity lower on dollar strength. CO -1%. Gold flat after a breakdown below 1100 mark, last 1092.


fkli : Generally upward-bias and potentialy a breakout above 20. for start, fkli is seen steady within 15-18 postive range. will take a higher trading range of 18-25 if fbm breaks 15. Day's dwside is seen limited near 12. The Q is will Najib-brother-CIMB continue to give face to Najib till 30th or some profit take first ahead of weekend?


fcpo : SO -1.3% on larger stockpile, weak CO, tech weakness ( toppish at 40). 2550 support back in danger. It does look like a lower trading range of 2530-2550, at the curretn SO rate. But jun10 is called to open plus 2550. Upside seen limited near 2570.

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