Thursday, November 17, 2005
3:40 pm- Watch out for FKLi to break 882.5
If that the case, we should be shorting. The mkt has not bottomed yet. Look at the remark by OSK.
OSK Research: KLCI to hit 1,005 points within a year
OSK Research Sdn Bhd expects the Kuala Lumpur Composite Index (KLCI) to touch a high of 1,005 points within the next 12 months, underpinned by merger and acquisition (M&A) activities in the banking sector, said head of research Kenny Yee
They are even launching Basket of Call warrant that mimic ETF to support the mkt after the foreigner has left.
OSK Research: KLCI to hit 1,005 points within a year
OSK Research Sdn Bhd expects the Kuala Lumpur Composite Index (KLCI) to touch a high of 1,005 points within the next 12 months, underpinned by merger and acquisition (M&A) activities in the banking sector, said head of research Kenny Yee
They are even launching Basket of Call warrant that mimic ETF to support the mkt after the foreigner has left.
10:48 am - FKLI hit low 892.5 and selldown
I am amazed by FKLI and how it falls like. There was a vaccum between price 885.5 to 882.5. Put in your short position now at 884.5/885
9:52 am - It take huge volume to push FKLI uptrend again
FKLI is likely to resume downtrend or sideway from now. With the low cash vol. it is likely down or sideway.
However, from a daily trend, it is uptrend. I keep my opinion off my trading and see the setup and signal as they comes.
However, from a daily trend, it is uptrend. I keep my opinion off my trading and see the setup and signal as they comes.
9:46 am - FKLI hit resistance at 892 and selldown
Tighten stop to 886.5 and got stopped out this morning. Loss of -1.5 pts.
Waiting for short entry set up and short signal.
Waiting for short entry set up and short signal.
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