Morning start....fkli firm 1540-45 fcpo weak 3820-30

-as indicated by DJ futs, DJ +100, a strong start in 2011 on financial stocks
-europe making 1% to +2%

8.20
- regional firm to strong. NK catching up with +1%.
-US commodity off to a milder start after a strong closing ahead of 2011. GOLD, CO flat.

Fkli
- around 1540-43, taking a firm tone and turning bullish once fbm crosses above 1535. Fkli +ve if fbm > 30. Lower band of 30-40 if fbm weakness creeps in.

Fcpo
-SO -1%. Fcpo seen dward risk as fcpo is called to open under 3850. If > 3820, targeting 3770-3800 lower band. Bulls mkt if a crossing above 3850+.