***** Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly at 03 4252 4149 to enroll ! ***** The Importance of Being A "Honest" Trader :-) martin_tf_wong@hotmail.com: Jan 3, 2008

Thursday, January 03, 2008

5:26 pm - FKLI holding strongly at support 1427.0


If the MACD cross up tomorrow, we wud go long then.


5:21 pm - Despite heavy selling in the regional market, KLCI just will not go down.


Strong support by palm oil counters. If this persists with crude oil hitting above $ 100, KLCI will rebound to go higher.


Cash market just down marginally -0.3 pts.


1:05 pm - Here is a FKLI daily chart with 1414 support level


12:59 noon - FKLI trendline support at 1414/1413


This support level at 1414 coincides with the last selldown on 31 Dec 2007. Look to buy back at this level.


10:06 am - FKLI is confirmed on the bearish side when DJIA falls over 200 pts.


FKLI market gap down.