Wednesday, February 09, 2011

Morning start...fkli strong 1535-38 fxpo firm 3900+

DJ +70, risk-incline trades continues, Europe +0.5%

8.30
-DJ futs +4. regional +0.5%. commodtiy firmer, near +0.5%. SH reopens today from CNY break and also after BOC had said in early Tues it would increase R%.

FKLI
-seriously staring at 40-50, a big setback if fbm fails to finish above 40 today. But fkli will start on cautious tone, near 40.

FCPO
-SO +0.5%, enough for a breakout above 3910 ? myabe not...but at least to see one attempt. Above 3890 is bullish.

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