***** 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 20, 2008

Friday, June 20, 2008

5:12 pm - FKLI closed with a bullish finish !


There were volume for KLCI. I may think this is a reversal volume for FKLI too.


2:57 pm - FKLI is turning bearish !


It is reversing after an attempt to wash to long trader and short trader today ! Very volatile !


11:17 am - FKLI is ready to turn down after hitting high 1199


The market is very choppy in the morning.

10:06 am - Notice the similarity between the FKLI after a huge fall !


After FKLI fall drastically with a doji, it will rebound back.


9:55 am - FKLI wants to go up !


Going long now at 1190 ! Put stop at low of today !


9:14 am - This is what I am looking for ! A doji with considerate volume.


Look for a reversal on Friday trading for DJIA i.e. tonite !

9:00 am - FKLI market oversold and short seller covering their long position


Think to short at 1190 and think to buy at 1170. Else I think the market may range based on low volume.