***** 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: Jul 11, 2008

Friday, July 11, 2008

6:01 am - Trading Pivot for 14 Jul 2008

For FKLI


For FCPO

5:47 pm - FKLI is indeed bullish with a saucer shape.


12:42 pm - FKLI broke higher to try to reach 1140


Gone long for some of the clients !


9:04 pm - DJIA is at major support here at 11,170


Look at the monthly chart of DJIA. The last time it was here for 3-4 mths in 2006, so I expect DJIA to stay and congest for a while.


8:59 am - FKLI gap up on strength of DJIA ???


But can it last ! What is obvious is the most dangerous ! Long at this level is dangerous .