If DJIA closed slightly lower on Monday, our FKLI can still move uptrend. If Gap up, get out !
Friday, June 06, 2008
2:48 pm - DJIA is likely to close with a doji tonite after yesterday very high closing +214 pts.
If you are afraid to carry your position, close your FKLI trade tonite.
2:42 pm - KLCI is forming a mushroom bullish shape.
Maybe KLCI can just closed above 1241.0 tonite !
11:53 am - KLCI has to closed above 1242 to maintain its uptrend.
If we get to close below 1242, the market becomes choppy and might move sideway !
9:55 am - FKLI has gap up !
I believe FKLI wud close higher with a small bodies. The market wud congest sideway next week having retracing 100%.
8:58 am - FKLI gap up slightly due to higher closing DJIA overnite.
Short seller wud be covering their short trade (cut lose because they went short yesterday). So the market wud go up slightly until later we will short the FKLI !
Going long in the morning !
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