9:31 am - FKLI responding well to DJIA +100 pts up

FKLI gap up. Our stop is not hit yet !

6:04 pm - FCPO has a bullish engulfing pattern.

Very bullish pattern.

5:41 pm - FKLI discount is very bearish at -23.5 pts

The gap will close when we close next Thursday !

2:57 pm - FKLI has a support at 1389.5

9:43 am - There is a lot of short covering today !

Short sellers that had shorted the market before Thaipusam had to cover their position by buying.

This maybe a dead cat bounce !

9:39 am - DJIA has a good support at 11680. If this support, DJIA may rally from today !

10:44 pm - At the early trading of DJIA, the market has fallen -380 pts.

All supports have been broken !

5:19 pm - FKLI forms a bottoming tail !

However, the downtrend is not over yet !

3:11 pm - FKLI gaps down but buy up after lunch !

This maybe an opportunity to go short. But tomorrow is a public holiday. Dare to hold overnite and over holiday.

12:38 noon - FKL is free falling

Chart read'g does not work today ! Just short !

11:14 am - FKLI is moving sideways - congesting here.

Wait for the lunch ! After lunch, FKLI may gap up or down. No way of telling it.

9:36 am - All supports are broken very easily !

Chart reading becoming very difficult as many of the up and down in FKLI depends on regional - Hang Seng, Nikkei and DJIA.

Some of the clients who heed the SHORt position from my newsletter took a handsome profit today.

5:21 pm - Another heavy selling today !

next support at 1360.0

4:58 pm - It pays dividend to trade the newsletter recommendation to short at 1400 today !

Short if it break S1 @ 1400.0

FKLI break 1400 so easily. The election mini rally maybe over.

4:38 pm - Whenever KLCI breaks the 72%, it is going to bad !

4:18 pm - My newsletter recommends SHORT at 1400

4:09 am - FKLI has broken 1400 and down.

Looks like the FKLI 100 pts. up from 1400 to 1500 for the elections maybe over as it has tumbled down today !

3:13 pm - FKLI reacting very badly to Shanghai fall after lunch !

Mkt free falling to 1400

10:34 am - We are doing a Foundation course on Jan 28,29 2008

Our 1.5 days will cover the foundation on "How to trade and invest like a Pro".

For more information, call Dolly at 03 4252 4149.

Goto my website http://www.imtradermy.com

9:54 am - FKLI too is congesting without any leads.

The next best news is the elections annoucement and this may be the "good bye" rally.