Thursday, March 03, 2011

Mornign start...fkli firm 14951500 fcpo strong 3600-30

DJ, Europe flattish, better Wed than Asian's Wed.

8.35
DJ futs +6. Regional near 1%. Commodity strong tone continues. CO +3%. GOLD near record high.

FKLI
seen firmer tone, reduced-discount on expectations fo fbm to crack 1500 resistance. Bullish tone if fbm >95. 95-05 range upward bias seen.

FCPO
SO+1%. 3700 likely if fcpo crosses back above 3630. Dwside seen limited to 3550+

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