***** 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: May 20, 2008

Tuesday, May 20, 2008

5:31 pm - Short covering at 4 pm push FKLI higher !


DJIA futures is down -49%. DJIA has a double top. If FKLI gap up, think to short !

2:35 pm - FKLI selldown to 1286.0


Think of going short ! But higher too.

12:39 noon _ FKLI is selling down now !


ALl of our LONG position is out ! The Mahathir Factor has been priced into the futures and ppl are hedging the market.

10:10 am - DJIA is forming a double top with doji.


I believe DJIA will close lower tonite after moving uptrend for 4-5 bars.

10:02 am - FKLI selldown this morning to washout the LONG position


We got some of our position out but most of them are still in. Stop at 1284.0