Generally, AM –ve on SK military drill plan in the afternoon. PM +ve after SK cancels drill due to “winter fog” and NK says it will allow international nuclear inspectors to visit the country. All off lows in PM but still –ve day.
Fbm moves back towards 1500 in PM but jinx by -4p preclosing , dragging fkli from upper 90s to lower 90s in the last 20 mins. A bad start for bulls, despite Fri strong bounce. With 1500 toppish again, mkt is likely to test support andstuck within 1470-1500 for the the rest of 2010.
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