12:03 am - all time 35 years high at 1322.91

It is interesting to note that the mkt is registering new high but selldown by futures.

Profit taking activities are now for the time being.


KUALA LUMPUR, April 17 (Bernama) -- The Kuala Lumpur Composite Index (KLCI)hit a new all-time high in early trading with gains seen on mostkey-heavyweights led by Tenaga Nasional, said dealers. The Composite Index (CI) rose 10.52 points to 1,333.43 after 45 minutes oftrading, slightly lower than 1,334.44 as at 9.18 am. It was opened at 1,326.64,up by 3.73 points. The dealers said the CI registered new high on buying of plantation counterson expectations of better earnings following the higher crude palm oil prices(CPO). The KLCI yesterday closed at an all-time high of 1,322.91, a new recordafter hitting 1,314.46 on Jan 5, 1994 at The Second Board Index perked 0.26 of a point to 102.87 and the Mesdaq Indexwas almost flat at 142.09, or up by 0.06 of a point. The Industrial Index rose 15.32 points to 2,603.58 and the Finance Indexjumped 32.41 points to 10,609.7. The FBMEmas gained 79.81 points to 8,963.29 and the FBM30 rose 94.16 pointsto 8,509.79. Gainers led losers by 442 to 214, while 292 counters were unchanged, 432untraded and another 33 suspended. Trading was moderate with 479.085 million shares worth RM535.231 millionchanging hands. -- MORE

12:01 am - Stop triggered at 1321 pts.

Profit +9 pts.

11:50 am - Trade #18 is long at 1312.

Trail stop loss to 1304.5

10:16 am - Trade #17 is triggered short at 1292.0

Stop loss at 1296.0

10:21 am - Waiting for the next trade - MACD to cross over.

10:14 am - Trade #16 is out at 1298

Profit +53

4:40 pm - Trail stop to 1275.0

Trade is in the money.

4:37 pm - Trail stop to 1268.0

2:40 pm - Trail stop to 1264.5

Trade is deep in the money.

9:47 am - Trail stop to 1261.0

4:05 pm - Trade #16 is triggered long at 1245

Stop loss at 1237

4:05 pm - Stop out at 1230

Loss of 5 pts.

3:02 pm - Short FKLI at 1225

Stop loss at 1230.0

2:58 pm - FKLI turn down and selldown after lunch

The mkt gap down but I got out at 1238.5 before the selldown to 1212.0

FKLI has turned down. Looking to go short now.

2:03 pm - Stop trigger at 1238.5

Profit +9.5 pts

6:06 pm - trail stop to 1222.5

7:37 pm - FKLI April contract long 1229.0

Stop loss at 1214.5

12:36 noon - FKLI April is looking good for a long position

Wait for confirmation when MACD cross over.

12:30 noon - Iran strikes US Navy and our cash mkt drops !

The FKLI is down -37.5 pts now.

12:05 noon - FKLI has crossed down since 23 Mar

Finally, FKLI is trading below 50MA and I am interested to short now.