Morning shock....fkli bears 1300-1320 fcpo bears 2480-2500

DJ -350, Fears about the spread of the European debt crisis dragged on stocks through the early afternoon., plus erroneous trading in Procter & Gamble and several other stocks sparked a massive selloff. Europe -2%

8.10 : DJ futs -20. Regional -3% to -4%. CO -3% GOLD +2%.

fkli : agian massive selling in early trades are expected.. eyeing 1300 support. 1290-1300 knee jerk reaction.


fcpo. SO -2%, fcpo is seen retreating back towards recent lower range of 2480-2500