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Friday, May 22, 2009

10:03 am - FKLI has support at 1025 level. A long of ppl have shorted the FKLI !


If the market cannot go down this afternoon, there wud be a lot of short covering today and next week, as FKLI is ready to test the 1045/1050 resistance level.

Wednesday, May 20, 2009

4:30 pm - Gone Long earlier this morning and looking to carry overnite !


4:12 pm - A lot of blue chips but second liner like WCT has 18 L/C !


Buy tomorrow if there's a follow thru.

3:41 pm - FKLI had tested 3 times with 1038/1039 resistance level !


It will test many times before breaking upside provided KLCI stay uptrend.

8:53 am - FKLI is facing resistance at 1029/1030 level.


It will congest at 1017 and 1029 for today !

Tuesday, May 19, 2009

4:49 pm - FKLI is ready to test higher tomorrow !


12:05 noon - DJIA is going to test resistance 8,600 tonite !


If DJIA can break 8,600, it can go higher !

10:22 am - FKLI gap up and moving sideway !


There were a lot of short covering this morning due to DJIA overnite +2 pct up !

Friday, May 15, 2009

2:57 pm - News of swine flu hits Msia and FKLI took a hit !


11:01 am - FKLI is moving sideway now !


9:13 am - DJIA is looking toppish !


As the market moves higher, notice the decreasing volume as it heads higher. Professionals are not interested in the market now 1

9:02 am - FKLI gap up as FKLI oversold last nite !


DJIA did not drop too much !