Wednesday, May 11, 2011

Mornign start...fkli firm 1523-25 fcpo firm 3270-80

DJ +80 , U.S. stocks rose for third straight day on Tuesday, as investors were bolstered by Microsoft's $8.5 billion deal to buy Skype, along with stronger commodity price. Europe +1%.

8.30 : Regional +1%. DJ futs +20. CO +3%.

Fkli 20-30 range play. Near 23-27 in initial trades and upward bias today, if > 20.

FCPO SO +0.7%. seen securing 3250-3300 range but likely toppish at 3300 today

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