Thursday, January 03, 2008

5:26 pm - FKLI holding strongly at support 1427.0


If the MACD cross up tomorrow, we wud go long then.


5:21 pm - Despite heavy selling in the regional market, KLCI just will not go down.


Strong support by palm oil counters. If this persists with crude oil hitting above $ 100, KLCI will rebound to go higher.


Cash market just down marginally -0.3 pts.


12:59 noon - FKLI trendline support at 1414/1413


This support level at 1414 coincides with the last selldown on 31 Dec 2007. Look to buy back at this level.