9:08 am - DJIA has likely form a "spring" bullish pattern !


DJIA has a good support at 12,000 level. It shud hold it support at this level pending current situation e.g. crude oil remain below usd 140.0

9 am - FKLI gap up due to better closing by DJIA last Friday !


FKLI is poised to move higher or sideway ! The gap has been closed by reduction in the discount. It is now -7 pts discount FKLI to the cash market.
There is a lot of short covering this morning too !