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Wednesday, November 15, 2006

Tuesday, November 14, 2006

9:24 pm : the highest closing level since July 1997

The underlying KLCI, which traded at a premium to the
futures market, rose 10.28 points to 1,030.09.

The last high was 1021 back in Feb 2000. We are witnessing history here !

4:58 pm - FKLI hit high of 1027.5

Notice that FKLi hit 1036 on 18 Feb 2000. This is the last high. We are 8.5 pts from the last high.

3:12 pm - Trail stops to 1017.5 pts.

10:27 am - Trail stop to 1016.5 pts.

Trail is in the money +9 pts.

Thursday, November 09, 2006

Wednesday, November 08, 2006

4:00 pm - Futures market is taking a beating due to Democrats winning the election.

Expect DJIA to take a hit tonite.

FKLi is trading with a lot of volatility

3:07 pm - Stop triggered at 1002.5

Profit +1 pts.

9:47 pm - Cash is beginning its run with foreign funds buying


It is good to know that this breakout is not fake and the volume is huge but not climatic yet. Normally at the peak, you wud see huge tremendous volume just before reversal.

9:41 pm - FKLI hit 1007.5 and Cash closes above 1,000 pts.

The STAR business section has highlighted that the market hits above 1,000 pts. Caution from this point.

Tuesday, November 07, 2006

Friday, November 03, 2006

11:33 am - Trade #9 out at 993.5

Profit +11.5 pts

Thursday, November 02, 2006

Wednesday, November 01, 2006