***** 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 16, 2008

Monday, June 16, 2008

10:58 am - Going LONG ! FKLI daily chart look great !


5 L/C !


10:06 am - My newsletter recommendation call for a LONG position at 1224.5


FKLI is trading at 1226.5 now above R1 @ 1224.5.







9:08 am - DJIA has likely form a "spring" bullish pattern !


DJIA has a good support at 12,000 level. It shud hold it support at this level pending current situation e.g. crude oil remain below usd 140.0

9 am - FKLI gap up due to better closing by DJIA last Friday !


FKLI is poised to move higher or sideway ! The gap has been closed by reduction in the discount. It is now -7 pts discount FKLI to the cash market.
There is a lot of short covering this morning too !