***** 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 26, 2008

Monday, May 26, 2008

5:19 pm - FKLI daily chart does not look good !


While KLCI is holding above support @ 1271, but FKLI is selling down, making it difficult to read FKLI due to institiutional rollover.

2:33 pm - FKLI is holding up nicely. If FKLI closed above 1265.0, this is good !


12:06 am - FCPO finally broke 3700 for the 3rd time.


It is important for FCPO to hold and close above 3,703 today !

9:45 am - KLCI is likely to form a double bottom at the major support 1271


If this hold, KLCI i.e. FKLI wud rally the next few days.

9:31 am - FKLI gap down due to DJIA lower closing last Friday !


We have reduce our SHORT position. There is still weakness in our FKLI. Stay aside as this week is also ROLLOVER week for the institiutional.