7:15 pm - My weekly newsletter ask to go LONG at 1260.0

Watch out for this level tomorrow !

5:18 pm - FKLI close 1243.5 due to last min selldown from 1249.0

If DJIA closes lower tonite, we wud have lower - FKLI to gap down. If the gap is filled, FKLI is heading for another bullish day.

4:38 pm - FKLI is certainly bullish and this time is the long position to take profit

So you wud see weaker FKLI at this moment.

Some clients already long based on their indicators.

Daily chart has strength detected ! LONG is on.

However, our intraday TG has no buy signal.

10:38 am - FKLI is ready to turn LONG on a daily chart.

Think of going LONG !

9:54 am - FKLI wants to go higher !

It may form a double top at 1228 and once confirmed, you can short. Else FKLI can break above 1228.

9:18 am - FKLI is resilience while the regional market is weaker today.

The FKLI is likely to range bound.

5:55 pm - Bill and myself will be doing a preview workshop on April 10 & April 13, 2008

If you are interested to come, pls contact Dolly at 03 4252 4149.

5:07 pm - FKLI forms a saucer in its hrly chart.

It looks like it wants to go higher. For short, stop loss at 1228.

For long, go long at this stage.

3:14 pm - FKLI is coming down slowly and gently !

12:32 noon - After hitting new high at 1228, FKLI came down !

FKLI is moving sideway and wash all the short seller stop and KLCI is heading lower. KLCI closes for lunch +2.07 pts only.

11:05 am - FKLI is thrusting upward

Lot of short seller was stopped out at 1227/1228.

Cash is -2 pts discount to FKLI. Cash is still weak.

9:22 am - FKLI is ready to go up !

FKLI has broken up the 1218 for the 3rd time and see if it can sustain above 1218.0

(Cannot upload chart)

There is a lot of short covering today ! Those ppl who shorted yesterday have to cut loss.

3:29 pm - FKLI is moving sideway due to slight up by KLCI !

9:43 am - DJIA is ready to move higher based on the qtrly profit reports tonite.

Notice the lower high for each movement of DJIA. It is moving higher.

9:40 am - FKLI gap down and washes the long positon

Yesterday before closing, it move higher to wash the short seller. Now it is ready to go long.

Think of going long.

4:49 pm - FKLI looks like it wants to go up !

However, KLCI is still weak.

1:35 pm - FKLI has a sell signal at 1218-1220. Look at the down arrow !

12:17 noon - FKLI looks to break down after lunch !

Let's see it this is true !

11:13 am - FKLI is trending lower low !

9:37 am - FKLI is mushrooming down and looking to break 1200 today ???

This is the last resistance at 1220 level. If it breaks and it had, it is going downtrend. Our short position is still in place.