Wednesday, November 03, 2010

Morning start...fkli firm 1510-12 fcpo firm 3080-90

DJ +60 , stocks got an upward jolt from optimism about rapid growth overseas, after both Australia and India raised their key interest rates in an effort to fight off inflation..CNN. Europe +1%. Fed tonight


8.20 : DJ futs +20. REgionla +ve. KOS +1%. NK clsd for holiday. Commodity higher tone. CO +1%. Sugar at record lvl.

fkli : back to high, 10-15, but fresh breakout, 15-20, unlikely. fkli seen near 1510 first await fbm. to take out 1510. Dwside seen limited near 1505.

fcpo : SO flat. No -ves mean good news for bulls. tech breakout is in favor of bulls as fcpo is park nearer to resistance than support But a closing above 3100 w/o SO help ?

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