***** 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: Apr 15, 2008

Tuesday, April 15, 2008

5:25 : LONG position triggered today just after lunch !

Stop at 1235.0

5:17 pm - FKLI closed high +12 pts @ 1246


Let's see how DJIA wud closed tonite.


3:31 pm - FKLI turning bullish now but profit taking for intraday long position is occuring now.


12:29 pm - After traders been washed out, FKLI stage a uptrend from 1237.0


11:02 am - FKLI washes out long position trader @ 1234 and washes short trader @ 1243


But it look like FKLI wants to go higher. KLCI is still up +7.08 pts.

9:40 am - Update : My newsletter recommends LONG position for FCPO on 3540.



FCPO closed 3595 (+141) with soy oil closes high last nite. We wud see higher FCPO + volatility as today it is inventory report day from SGS/ITS report.





9:19 am - FKLI trying to break higher to 1254.0


It must stay above 1239 to remain bullish for the morning.