9:52 am - Light crude oil has a 18 L/C and up, up she goes !

It looks like it is going to hit USD 150 soon !

9:32 am - FKLI looks like it wants to go up !

But it cannot ! Maybe we see a sideway movement today for FKLI !

9:02 am - DJIA is very resilient at this point.

DJIA traded half day yesterday, so the volume is low. Tonite US is a public holiday - Independence Day.

8:56 am - FKLI did not sell down this morning despite the political uncertainty

It is forming a bullish saucer in the short term now ! Let's wait.

5:21 pm - Trading Pivot for 4 Jul 2008

For FKLI

For FCPO

5:17 pm - Brace yourself for tomorrow !

When KLSE reopen back , you will see firework !

3:57 pm - I have a funny feelings that KLSE may be close tomorrow !

This is due to the unfavourable political outlook ! Market is bearing down !

3:46 pm - KLSE is closed for the day !

Look at your malaysiakini.com for news !

3:29 pm - Sell ! Sell ! Sell !

Bursa Malaysia is closed for the day ! The FKLI market is reacting to this by selldown !

9:17 am - DJIA cannot break down below 11,170

It is still hovering above this support 11,170 and the volume is low.

9:07 am - FKLI gap down due to -166 pts down !

Remember, strength comes from down bar.

5:18 pm - Trading Pivot for 3 Jul 2008

For FKLI

For FCPO

5:16 pm - FKLI is forming a bullish pattern "saucer"

The FKLI market is poised for higher closing tomorrow after down so many days !

4:51 pm - Time to think to go LONG !

If DJIA recover tonite, expect FKLI to rebound tomorrow !

Cover all our short positions to go LONG.

3:13 pm - Get out of Ann Joo Resources

Cut losses now @ rm 3.50

11:54 am - FKLI is certainly in a beautiful downtrend !

Short higher and take profit lower ! The FKLI is poised to rebound after lunch as regional market has good support !

10:52 am - Live trading at my office, CIMB - Thur 3 July 2008

Dear Traders,

As most of you know, many investors and traders cannot find anything meaningful to trade on KLSE Bear market. Many ppl asked me if they can open an acct with me to trade futures to benefit from the KLSE Bear Market. Profitting from the sell first and buy later.

So I am accepting new acct only on limited basis with term and conditions.

Bill and myself do live trading on a weekly basis for my clients and graduates of my workshop at my office in CIMB. See map below

Date & Time : Thur, 3 July 2008, 11 am - 12.30 noon

Venue: Wisma Amanah Raya, Level UL, Room 8, CIMB (See Map)

Park your car (FOC) near the bangalows at the back of the building and walk to CIMB.

If you wish to come and see me how I trade FKLI futures and give an market outlook, let me know as the CIMB meeting room has limited seats.

Email me at martin.wong@cimb.com or call me 03 2084 9999 X3533.

Rgds, -martin-

10:48 am - FKLI selldown and tested major support at 1142

Folk, this is a major support for FKLI testing for the 2nd time. If this break for the 3rd time, FKLI is finished. Taken profits for clients at 1143.0

9:02 am - DJIA has a beautiful doji and support at 12,272

DJIA may rebound back to positive up bar tonite !

8:58 am - FKLI gap up but weaknesses set in !

FKLI shud not break above 1259/1260 for the downtrend to persist.