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Wednesday, June 18, 2008

10:49 am - There is a follow thru on the short side for FKLI


There is a volume in today bar ! Maybe we wud crack 1200

10:01 am - FKLI going short !




FKLI closed below 50 MA on a hourly chart.




9:03 am - FKLI gap down to S1 @ 1215 due to DJIA losses.


It's resistance is at 1221.0. Think to short at this level.

Tuesday, June 17, 2008

5:15 pm - Trading Pivot for 18 June 2008

For FKLI




For FCPO


5:13 pm - FKLI certainly meet its resistance @ 1237


It has a major support @ 1219 for 4 hrs FKLI chart.

11:10 am - An Investment Talk by Phillip Capital Investmt (Bill Wermine works for Phillip)

Dear Traders/Investors,

We will be organising an exclusive International Investment Talk on 9th July 2008 for your clients and prospects. Mr Sam Gibson will share with us how alternative investment can help to enhance your total portfolio, while our CIO, Mr Ang Kok Heng, and our strategist Ms Crystal Teh will share about the Australian currency and economy and the analysis of Man Investment funds. Details of the talk are as below:

Date : 9th July 2008 (Wednesday)
Time : 7.00pm - 9.30pm
Venue : Hilton Petaling Jaya Hotel
No 2 Jalan Barat,
46200 Petaling Jaya. (See map attached)

7.00 pm Registration

7.30 pm Alternative Investment Opportunities Through Man Investment
by Mr Sam Gibson of MAN Investment

8.15 pm BREAK*

8.30 pm No Qualms on Aussie $ !
by Mr Ang Kok Heng, Chief Investment Officer of Phillip Capital Management Sdn Bhd

9.10 pm MAN Weathers Through The Storms
by Ms Crystal Teh, Strategist of Phillip Capital Management Sdn Bhd

9.45 pm Question and Answer Session

*Refreshments will be provided.

Please RSVP with Azimah at 03-2711 3038 or reply this email to register as only limited seats are available. This seminar is free of charge.

You may amend the invitation attached below before sending to your clients.

Thank you.


Warm Regards,

Phillip Wealth Planners

9:56 am - FKLI can only muster a high @ 1237.5


It is hovering now at daily pivot 1231.5


9:51 am - Trading Pivot for 17 June 2008

For FKLI


For FCPO





9:17 am - FKLI is set to go up !


However, the high for profit taking @ 1245.0

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 !

Thursday, June 12, 2008

Wednesday, June 11, 2008

4:55 pm - FKLI break above 1222 !


Surprisingly, cash market KLCI closed lower -1.0.

11:23 am - There is no follow thru in downtrend in the Bearish Engulfing Pattern


The downtrend is not confirmed yet. It is likely to move sideway !


9:56 am - STAR newspaper reports "Sime Darby sacks CFO !"


Here is a monthly charts for FCPO. Look at the uptrend.
It is interesting to know how a big planter like Sime Darby can lose money when the market is trending up. It is like a big oil producers like Exxon, BP can lose $$$ during this oil price hike.

9:43 am - DJIA set to move sideway !


From this point onwards, it can go up or down or sideway. The medium trend is down !

9:01 am - FKLI gap up because of oversold yesterday !

If FKLI can break and close above 1215.0, it means FKLI has good support 1202/1208.




FKLI is trading at -22 pts discounts.


Let's wait and see !

Tuesday, June 10, 2008

5:18 pm - Trading Pivot for 11 June 2008

For FKLI







For FCPO



5:16 pm - A bearish pattern - Bearish Engulfing Pattern for FKLI


Let's see if FKLI can break 1200 support level or monthly S3 @ 1198

3:10 pm - FKLI indeed break below 1210 after lunch !


Our short recommendation is on 1206 as FKLI is testing 1205 for the 3rd time. GO SHORT !
Our SMS send out to clients has problems. Call us to place trade 03 2095 3982.

12:36 pm - FCPO moving sideway due to weak Malaysian Palm Oil Berhad Report (MPOB)


Output is up (+9.8%) , inventory is up (+6.9%) but export is down (-5.5%) by MPOB.


12:30 pm - FKLI looking to break lower after lunch !


Let's see if it is true ! Else the FKLI market is ranging !

10:21 am - Support @ 12,300 now becomes a resistance for DJIA


10:13 am - FKLI hit low at 1206 and S1 @ 1205.


High of 1219.5 and low of 1206 means the daily range has been ranged.

9:27 am - FKLI is moving sideway for the time being !


News from Reuters is indicating M'sia is going under high inflation due to oil price hike.

Monday, June 09, 2008

5:39 pm - Trading Daily Pivot - 10 June 2008



For FKLI PP




For FCPO PP


5:31 pm - KLCI is forming saucer shape - Bullish pattern !

Crude oil is down to USD 136 and DJIA futures is up +50 pts. pointing to higher closing of DJIA tonite.

5:29 pm - FKLI close with a full body !


FKLI is bullish !

3:47 pm - My newsletter call for LONG position @ 3674

FCPO is testing to break 3700 for the 4th time (EOD chart) around and second time for today ! If FCPO break above 3700, it is not coming back !




Most clients are in around 3674.