Tuesday, April 19, 2011

Morning start...fkli weak 1515-20

DJ -1% after Standard and Poor's cut its long-term outlook on U.S. debt to negative. Europe -2%. 8.30 Regional -15. DJ futs -20. Commodity mostly higher. GOLD at record high near 1500. CO flat. FKLI seen 10-20 range, below 20 is bearish, reinforcing 1500-1520 this week.

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