The trend is down !
Thursday, October 23, 2008
1:16 pm - FKLI broke higher at 881.0
Gone long earlier this morning but cut losses. Some clients is long too. Profit objective is 896.5. Let's see if it can hit it today !
10:16 am - I am presenting a talk on futures on FKLI/FCPO this coming Saturday 25 Oct 2008
CIMB Events
OCT 25 (Kuala Lumpur) – 8.00am to 1.30pm
CIMB Bursa Market Chat 2008 – To be held at Securities Commission Kuala Lumpur.
My talk is at 11.45 pm . There are other speakers speaking on market outlook of Msia and online trading by CIMB.
Light refreshments will be served. Admission is Fee.
Call CIMB general line at 03 2084 9999 and ask for itrade for registration.
See you there.
Rgds,
-martin-
OCT 25 (Kuala Lumpur) – 8.00am to 1.30pm
CIMB Bursa Market Chat 2008 – To be held at Securities Commission Kuala Lumpur.
My talk is at 11.45 pm . There are other speakers speaking on market outlook of Msia and online trading by CIMB.
Light refreshments will be served. Admission is Fee.
Call CIMB general line at 03 2084 9999 and ask for itrade for registration.
See you there.
Rgds,
-martin-
8:59 am - There were two major support at 875/876
These two support were in Dec 05 and June 06. I think FKLI can stop here for the time being ! But the point is you need a catalyst for the mkt to rebound back in the afternoon.
