9:52 am - Look at the Parabolic SAR. It is supporting the FKLI

9:23 am - Looks like FKLI is going to go higher - HIGH @ 1535.0

10:41 pm - For Tradeguider users only !

I have also included a link to a presenation that we did in Kuala Lumpur with Professional Fund Manager Bill Wermine.A link to Bills 10 minute presentation as well as the entire presenation that I gave is included below. Please view these videos with our compliments as I know that they will help you truly understand how the markets are manipulated and how you can follow the footsteps of the "Smart Money". Here is the link to the videos. http://www.tradeguider.com/malaysia/presentation.aspx

6:04 pm - Due to flooding in Johor. FCPO closes record high @ 3280

Some clients excited today with a handsome profits. Prepare for 40 pts. stop if you want to trade FCPO.

5:49 pm - FKLI cannot break 1531.0 this round. Let's see if it can do so for Monday 14 Jan 08

4:56 am - Only few persons follow this recommendation dated 10 Jan 08

2:34 pm - FCPO holding strong due to this.

Malaysia's December crude palm oil output down 15.4 percent after flooding
KUALA LUMPUR (Thomson Financial) - Malaysia, the world's leading producer
of palm oil, said Friday crude palm oil production dropped 15.4 percent in
December from November after severe flooding hit several key palm oil
producing areas.
Crude palm oil output in December stood at 1.396 million metric tons,
down from 1.65 million tons in the previous month, the Malaysian Palm Oil
Board (MPOB) said in its latest report.
Total stock of crude palm oil fell 5.1 percent to 926,979 tons from 976,
607 tons from November, the government agency said.
Palm oil stock, including processed palm oil, declined 7.1 percent to 1.
682 million tons, against 1.81 million tons in November,
MPOB said exports of palm oil totaled 1.357 million tons, up 9.3 percent
from the previous month.
The southern state of Johor, Malaysia's top palm oil producing state, was
among the worst hit by floods late last year.
Crude palm oil futures on the Malaysian derivatives exchange reached a
fresh record on Friday. The benchmark three-month contract for March delivery
was up 74 ringgit at 3,275 ringgit per ton, off a high of 3,278 ringgit.
(1 US dollar = 3.25 ringgit)

12:36 am - FCPO did very well before lunch.

Some clients have taken profits after a very good run.

12:27 am - Here is an opportunity to go long if it break 1530 again.

11:07 am - FCPO has broken new high

If FCPO is going up, then KLCI will go up too.

10:42 : FCPO exports from ITS is down -30.9%

Crude oil is down almost US2 but FCPO is holding up nicely. Some one is buying.

10:38 am - FKLI breaking new high @ 1524

Watch for the premium over KLCI ! If this is too huge > + 20 pts, this can be a problem.

10:23 am - Looking at FKLI daily chart.

FKLI has been up for 3 days in a row. Historically, FKLI seldom goes up for more than 3-4 days in a row.

Look for FKLI to pull back and then buy or take profits early.

However, there is a general election looming so the situation is entirely different. The FKLI and KLCI may run.

Remember those who came to my talk at CIMB Auditorium on 5 Jan 2008. I did talk on the KLSE market during the coming general election mood.

10:14 am - News of FOMC cutting interest rate by 50 basis pt. This explain why insiders are buying at the support.

Can this be a start of a mini rally for DJIA ? Watch out for FKLI as this is an opportunity for insiders to sell to the public.

Good news, pro or insiders sell !

9:30 am - FKLI gap today and push further through.

Watch for the newspapers in Star. If you get a headline for breaking 1500+ in the front page or headline, the market will react badly and profit taking will occur for most of the times.

8:07 am - FCPO closed record high @ 3201

7:56 am - DJIA is building a support here ! DJIA +146 pts.

5:31 pm - FKLI selldown as most players do not like to carry over the holiday.

However, there was a last min push to 1503.0

3:18 pm - FCPO has broken new high at 3204

An opportunity to go long here !

12:40 pm - My newsletter recomendation goes for LONG position at 1507

Let's see if it will hit 1507 today and closed above or at 1507.

No tradeguider signal so far.

You have to trade based on pattern or other signals e.g. breakout or dips.

12:29 pm - FCPO is hitting new high today at 3189

IF FPCO is hitting new high, our KLCI will run away too. So does our FKLI.

FKLI has broken through 1499/1500. It hits 1501.5 high.

11:44 am - FCPO is congesting around 3156/3187

11:22 am - FKLI cannot break 1499 and thus, form a double top

This looks like an short opportunity. What is the current major trend ? Do not fight the major trend.

Let's wait for the next test for 1499 again.

10:45 am - FKLI is going to test 1499/1500 for the 2nd time

Will it succeed ! Maybe. Let's see !

10:00 am - DJIA broken the major support and heading downtrend

Cash is down - 7 pts but FKLI is holding nicely at 1489/1490.

The FKLI has had a good run to the top. The last high at 1499. It takes a lot of volume to break thru 1499/1500 again. The FKLI market may congest/ go sideway and maybe retrace back.

The market need to consolidate first as a lot of players are taking profits.

5:19 pm - FKLI hits all time record @ 1499 but closed 1490.5

It's going for 1500 and above.

4:10 pm - FKLI go for 1500. Current at 1487.5

Being stop out and wash out yesterday, only trade Tradegudier buy signals on intraday.

No signal on Positioning System.

2:50 pm - TG has a weakness on Positioning System

The market is holding up nicely and breaking high to 1483.5. Long on intraday trade. Long at 1482.0

2:11 pm - DJIA is either forming a triple bottom or else...

DJIA is at critical level. It has a support around 12,800. If tonite, it closes below 12,800, we have downtrend continuation.

However, if we see a reversal tonite, the DJIA may rally.

11:20 am - Cash market is mushrooming down.

Wait until afternoon to see if there is any push up.

10:24 am - FKLI reacting to Hang Seng and facing resistance @ 1480

If it breaks 1480 again, this is a buying opportunity.

Interestingly, the MACD did not cross down at all during yesterday selldown. The MACD is still up !

9:47 am - The double top formed last night fails. Broken the resistance @ 1470

The FKLI wants to go higher. Our Tradeguider signals yesterday indicates weakness. Abandon trade to short last min. Else we wud be stop out today.

Waiting for signals to go long. If FKLI break 1488 i.e. weekly pivot, go long. Read my newsletter recommendation.

8:38 pm - Watch out for Jan 30/31 FOMC meeting by the Federal Reserve. They are looking to cut interest rate again !

Wall Street heads to higher open
NEW YORK (AP) - Wall Street headed for a rebound Monday amid speculation that the Federal Reserve will cut interest rates to ward off a recession. There is little in the way of corporate or economic news expected during the session. Instead, investors are looking toward Thursday's speech from Fed Chairman Ben Bernanke for clues about the central bank's intentions. Further moves by the Fed at its Jan. 29-30 meeting can't come soon enough for some traders. Wall Street dropped sharply on Friday after a government report showed a jump in the unemployment rate and sluggish payroll growth. In just the first three trading days of 2008, the Dow Jones industrial average lost 3.50 percent, the Standard & Poor's 500 index fell 3.86 percent, and the Nasdaq composite index dropped 5.57 percent. On Monday, Dow futures rose 55 points, or 0.48 percent, to 12,942.00. Broader indexes also indicated a higher open, with Standard & Poor's 500 index futures up 7.90, or 0.56 percent, at 1,430.80; and Nasdaq composite futures up 8.00, or 0.40 percent, at 1,993.00. Bond prices were little changed in overnight trading Monday after a rally during the past week. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.88 percent from 3.87 percent late Friday. Investors might get some relief Monday from falling crude prices. Oil dropped as energy traders reacted to the potential of a recession in the U.S. after last week's disappointing employment report. A barrel of light, sweet crude dropped 52 cents to $97.39 in pre-opening trading on the New York Mercantile Exchange. More clues about the economy are expected from fourth-quarter earnings season. Aluminum producer Alcoa Inc. on Tuesday will be the first of the 30 Dow Jones industrials to report results. In corporate news, Time Warner Inc. could be in focus after the entertainment company announced it plans to release high-definition movies on Blu-ray rather than Toshiba Corp.'s HD DVD formal. Blu-ray is owned by Sony Corp. The announcement comes as the Consumer Electronics Show kicks off in Las Vegas this week. Overseas, Japan's Nikkei stock average closed down 1.30 percent. Britain's FTSE 100 rose 0.23 percent, Germany's DAX index added 0.34 percent, and France's CAC-40 was up 0.41 percent. Copyright 2007 Associated Press. All rights reserved. This material may

8:34 pm - My newsletter recommends LONG position for FCPO if it break 3170.

Another reasons for LONG FCPO is Japanese candlestick - Bullish Engulfing pattern on EOD.

5:22 pm - FKLI closed lower but KLCI closed high 1470.77

Last minutes buying by big players to close the KLCI higher. TG signals were to short the market. However, KLCI closed higher.

Mix signals. Abandon short position at 4.50 pm. No position. Await tomorrow.

4:02 pm - Hang Seng closed lower better than expected.

FKLI wash out the long position trader and maybe it is forming a double top.

3:32 pm - What happens to KLCI last year during the first week of Jan 07 ?

After the big buying by the big players, the KLCI moves sideways for a while before the big move uptrend.

Will we see this trend this year ?

With the election coming, the probability is high.

The FKLI market will corrects i.e. to move sideways or downtrend to wash the long and short players before it pushes up.

2:47 pm - All my MACD indicators has turned downward.

In short term, FKLI is bullish. Resistance at 1458/1460.

1:11 pm - FKLI turn bearish and selldown. KLCI cud not hold and turn negative too.

We are out of our long position. Support at 1457 broken. Sad ! But it is not a short trade yet. FKLI may move sideway now.

11:53 am - It has to break 1470 to go higher.

Support at 1457 for today.

11:24 am - FCPO continue to move downtrend.

After support at 3120 being broken, FCPO continue downtrend. Daily FCPO has 3 down bars.

9:43 am - FKLI holding nicely at 1458/1460. TG has buy signals this morning.

Our stop loss is tight for any FKLI reversal.

9:17 pm - Stock futures rise ahead of jobs report

Stock futures rise ahead of jobs report NEW YORK (AP) - U.S. stocks headed toward a modestly higher open Friday ahead of the Labor Department's December employment report, which Wall Street hopes will point to consumer spending continuing at a healthy pace. The department's report on payrolls and unemployment, due at 8:30 a.m. EST, has been a focus of investors for weeks as they try to determine whether the economy will continue to benefit from robust consumer spending even as sectors like home construction, mortgage writing and manufacturing slow. Wall Street is concerned that areas of weakness could puncture growth and even tip the economy into recession if consumers can't depend on a solid job market. Economists predict a smaller gain in payrolls in the final month of the year than in November, and expect the unemployment rate to have risen to 4.8 percent from the previous month's 4.7 percent. Further clarity on the health of the economy could come Friday when the Institute for Supply Management releases its December index of non-manufacturing activity. Economists predict slightly weaker expansion than in November. Ahead of the jobs report, Dow Jones industrial average futures rose 33, or 0.25 percent, to 13,176. Standard & Poor's 500 index futures rose 3.60, or 0.25 percent, to 1,462.30, and the Nasdaq 100 index futures advanced 1.75, or 0.08 percent, to 2,078.00. Bond prices fell. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.91 percent from 3.89 percent late Thursday. The dollar was mixed against other major currencies, while gold prices fell. Light, sweet crude fell 21 cents to $98.97 in premarket electronic trading on the New York Mercantile Exchange. Oil touched $100 per barrel this week for the first time, stirring concerns about inflation. Overseas, Japan's Nikkei stock average closed down 4.03 percent after being closed for a long holiday. Britain's FTSE 100 rose 0.98 percent, Germany's DAX index fell 0.32 percent, and France's CAC-40 rose 0.11 percent. Copyright 2007 Associated Press. All rights reserved. This material may

5:11 pm - FKLI closing all time high @ 1469

It broke last high @ 1458 and the cash volume is decent -> 941 mil.

Let's see if Monday Jan 7, 2008 will continue.

DJIA futures right now is +24 pts.

What happens DJIA is up +200 pts ? FKLI will gap up and selldown.

2:47 pm - A lot of short selling get "creamed" today !

Many of short seller put their stops at 1459/1460 for their stop loss. The FKLI just shot up and take their stops.

Look at the gap at high 1462.5

12:22 pm - FKLI hits all time @ 1458.0 and want to go higher.

This is the 3d time attempt to test this. Maybe this may just work.

11:04 am - FKLI cross up and moving up and went long at 1440/1442

The fund managers did most of the work today and push all the CI component counters, so the FKLI moves in tandem.

5:26 pm - FKLI holding strongly at support 1427.0

If the MACD cross up tomorrow, we wud go long then.

5:21 pm - Despite heavy selling in the regional market, KLCI just will not go down.

Strong support by palm oil counters. If this persists with crude oil hitting above $ 100, KLCI will rebound to go higher.

Cash market just down marginally -0.3 pts.

1:05 pm - Here is a FKLI daily chart with 1414 support level

12:59 noon - FKLI trendline support at 1414/1413

This support level at 1414 coincides with the last selldown on 31 Dec 2007. Look to buy back at this level.

10:06 am - FKLI is confirmed on the bearish side when DJIA falls over 200 pts.

FKLI market gap down.