Wednesday, December 08, 2010

Morning srart...fkli firm 1500-04 fcpo weak 3580-00

Not much from DJ for the past 2-day, marginally lower. Gave up gains yesterday amid a selloff in the bond mkt as higher interest rate spooked invenstor.Europe on a 2-day gains.

8.20 : Dj futs -8. Regional +0.5%. Mosly higher, near +1% yesterday. Commodity off high on profit take. CO -1%. GOLD at 1400 mark.

fkli : steady near 1500, with upside towards 05 if fbm >1502. Negative tone if both < 1500, for 1490-00 play

fcpo : SO -1%. 3600 looks like a top this week ?...3550-3600 correction is expected.

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