6 pm - Bye Bye blogspot. Hello Shiny New Website !

Bye Bye blogspot. Hello Shiny New Website !



KLSE / Bursa Malaysia






FKLI/FCPO










It's time!!! My brand-new website--you know, the one I've been teasing you with for months now--is live! All entries on the blogspot will end at Friday, Sept 11, 2009. So Friday’s entry will be my last one on this blogspot site.





All of my old blog posts have packed up and moved to the new site, but they will also stay here in case you just feel nostalgic. (Wouldn't you like to be in two places at once?) The website and blog are combined in one handy location, so I hope you will take the time to click around and see what cool surprises you can find.

Be sure to sign the free newsletter worth RM99 for FREE !

Be sure to bookmark the new site, and you can also sign up for RSS Feed so you'll get updates when I post. I can't wait to hear from you!!





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http://www.traderstruthrevealed.com/futures





Rgds,





Martin Wong





Trading Coach

9:42 am - FKLI may form a double top !

Let's see how it look after lunch !

2:46 pm - FKLI has broken new high waiting for pullback to buy some more !

9:53 am - FKLI form minor double top at 1205/1206 level !

9:10 am - FKLI has broken last high at 1189.5

5:34 pm - A beautiful breakout from here !

Be ready to take profit !

10:36 am - Market Report II by Bill Wermine.

Dear Traders,

We held a Master the Markets preview Saturday. 83 PAX attended which were recruited from Martin's Blog/ CIMB I Trade.

9 signed up for our foundation course which is about 11 % . Interestingly, that is the percentage who win in the markets.

Most who came Saturday came for tips/ market outlook/ holy grail .Only 11 % were willing to spend time and money to begin their journey to trading success as evidenced by the number of signups.

I asked how many were bullish and a few raised their hands, the same for bearish. When I asked how many were uncertain and afraid of a big market collapse almost all raised their hands.

Bull markets climb the wall of worry and it seems the majority who came Saturday are worried.

As I mentioned last week LIQUIDITY is the underlying fundamental driving world markets. Liquidity even trumped the jump in US unemployment jump to 9.7 % (highest in 26 years) as the Dow roared ahead over 1 %.

This is a bullish reaction to extreme bad news. Smart investors are moving from paper money to real assets. High quality dividend shares are real assets, commodities also

The breakout in gold proves that. Goldman Sachs, Morgan Stanley, Citi, US treasury officials , all had sell calls in gold before the breakout ! Even the power of these institutions could not stop the breakout.

I went to Maybank last week to buy a 1 ounce Kejang - and they refused my credit card. They said for physical gold they only accept cash. I find that strange. I can buy anything with my credit card but not physical gold.

Because of the big jump in the share price of Am Precious metals, I hesitate to recommend purchases now. Let the powers that be manipulate the price down a bit before jumping in. Wait for a test of the breakout to buy.

AHL Man is long gold and should gold march ahead those who hold Man will indirectly profit by the up trend in gold.


Bill

10:09 am - Market Report by Bill Wermine

Dear Dr Dorn,

Ted Butler makes some interesting comments and I really appreciate you sharing his article.

I have doubts that top ranked hedge fund traders/ such as Man AHL/ market makers/ exchange specialists could be fooled by Morgan and those who dominate the short position in silver. Perhaps less sophisticated technical traders could be fooled as well as the sheep public/ crooked government SC officials and politicians.

In fact if China were to default on the short silver positions we could definitely profit. I and my clients are holding Ammb Bank Precious Metals which holds physical silver/ gold/ and mining company shares. This is a local unit trust and the only mining trust available in Malaysia.

We also hold physical gold.

When you describe your mountain adventure I can imagine being there- in fact it reminds me of a trip to the giant redwood national park in California a few years ago. We were engulfed in fog and we were forced to sleep in our rented car for the night as it was too dangerous to drive.

In the morning the sky was clear and I never forget the majesty of the massive trees as they towered up to the sky. We drove down the mountain after enjoying the redwoods and had a great breakfast at a diner.

Isn't life great !

Have a great day
Bill

Martin, maybe you could post the Ted Butler article on the blog- a very useful and insightful article for our gold investors.

We wud only send the article to subscriber only.


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9:42 am - FKLI is ready to break higher today !

5:23 pm - FKLI has been up 3 days in a row !

I expect some pullback next week !

2:24 pm - Gold is going to test USD 1000 soon !

This gold chart is not holding back !

10:17 am - Triple minor top for FKLI.

Let's see if it can break upward !

4:08 pm - FKLI is testing higher tomorrow and ready to break 1180

9:17 am Good support at S1 1163/1164 level