Friday, April 16, 2010

Morning start...fkli firm 35-40 fcpo firm 2510-2540

DJ +21 on Google but gains limited on jobless claims data. Europe also +0.2%


8.30 : Dj futs -20. Regional weaker start., NK -80 Kos -3. Commodity flat to modest gains.

fkli : while DJ gain, it seems regional is not repsoding yet. it seems like a range bound mkt until the mkt reverse yest -ve, like if fbm > 40.

fcpo. SO +0.35. this should keep Jul above 2500 but expect another range bound day near 20-30

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