***** 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: Jun 4, 2008

Wednesday, June 04, 2008

8:38 pm - This is a critical level as FKLI has retraced to 61.8%


We may see some technical rebound tomorrow as FKLI may bound higher ! However, if FKLI continued to fall, we are heading for 1220

4:48 pm - FKLI indeed goes into -20 discounts.


wow ! what I said in the morning became true !

3:39 pm - KLCI is sliding down in 45 degrees.



Next 61.8% retracement at 1249.0. Currently at 1252.0. If it breaks 61.8%, we are heading 72% @ 1240.0




2:32 pm - FKLI drop further .


Next support at 1240. This is where FKLI maybe heading.

2:27 pm - DJIA looks to fall further tonite !


Support @ 12310.


9:54 am - I believe our FKLI will go into huge discount very soon !

It is trading at 11 pts discount.

On the separate news, PM Badawi had announced they are considering banning the public from trading palm oil futures in M'sia. This may mean closing the palm oil futures exchange.

9:50 am - FKLI is testing 1245 again for the third time.

Let's see if it can break 1245.0 and go lower. Call us to short ! There is no sign generated.

9:10 am - FKLI gap down due to DJIA -100 pts drop


If FKLI break low @ 1245, FKLI is heading lower.