Morning start..fkli soft 40-43 fcpo firm 30-50

DJ -70, following a report that consumer borrowing fell and General Motors said it lost billions of dollars during the second half of 2009...CNN. Europe dw -0.5%

8.15 : DJ futs -14. Regional -1%. Commodity mixed, CO -1% GOLD +1%

fkli : dwside risk increases, 38-43 if fbm stays above 40. Fbm main support is seen at 36. Below 1343 is a sell tone. Mkt is likely to stay -ve unless fbm can surprise towards 45


fcpo : mkt may stuck wiithin the same 30-50 again. Upward-bais tone if above 2530.