5:07 pm - KLCI has closed below 200MA. Things are bearish now.

12:39 am - Unusually activity for EtiTech

Watch out for this counter. Take profits first !

11:15 am - Here is an opportunity for PBB.

Is this COG for sure at the end of day ?

10:06 am - KLCI has crossed below 200 MA.

Institutions view this as bearish. If today's closed below 200MA. Next week cannot be good.

5:50 pm - KLCI closed just above 200 MA.

2:41 pm - Here is an idea for an uptrend counter - QL

9:46 pm - Look at this counter - H-Display

Without any warning, average investors will get hit. 3 days of limit down.

Look the decreasing volume for a change. This is a clue where professionals are unloading.

9:41 am - KLCI is testing the 200 MA. If all regional markets has broken their respective support.

We wud likely to see our 200MA broken too.

5:27 pm - KLCI closed sideway !

4:54 pm - PBB has a dividend payout - ex-date

This explain the gap down of PBB. If you have bought PBB yesterday before 27 Feb , 2008, you are entitled to the dividend payout of 40 sen (I believe).

IF PBB were to move uptrend from here onwards, there is evident that insiders are supporting PBB and it will trend higher.

10:48 am - Gamuda has a COG and present for an opportunity to swing up !

10:20 am - KLCI wants to go up.

If today's bar is closed high, you get a bullish signal.

5:40 pm - KLCI close well above 200MA.

2:33 pm - Vincent Tan bought some more share of Berjaya Toto

12:04 noon - EPF bought TM !

9:15 am - KLCI reacting well to DJIA.

However, it must close high to have any chance of breaking this sideway market.

5:55 pm - KM Loong has a swing opportunity to buy !

5:42 pm - FKLI closed with last sec dashed to 1367

DJIA was up last nite. Let's see if this can continue.

5:05 pm - KLCI hanging on !

If DJIA closes lower tonite, you wud see KLCI gap down past 200 MA.

4:24 pm - Watch out KLCI at 200MA @1367. If it breaks, we are in bear terrority !

2:06 pm - This is what you get (drawdown) when you listen to your analyst !

Many suffered 20-30% drawdown !

1:31 pm - EtiTech moving higher !

1:11 pm - Here is a counter for the bearish market - F&N

12:53 pm - This is not a time to buy Gamuda yet !

The conditions looks like Transmile and I want to wait for confirmation yet. Buying Gamuda just because it is cheap is like catching a falling knife. Wait for some kind of support first or COG before committing to Gamuda.

10:43 am - FCPO has cracked above RM3,800 and moving higher.

Only the plantation counters like IOI Corp (+0.25), KLK (+0.30) are moving higher.

10:21 am - KNM is moving lower !

Unless there is COG, there is no change for a reversal for KNM to go upside.

10:00 am - All the bad news is out. Look at the Edge financial newspaper.

They are reporting global recession and how's it affecting M'sia.

A good clue is that if the FKLI market is NOT falling but moving sideway, many professionals maybe accumulating.

9:36 am - FKLI is holding its position.

MACD is about to cross up to go LONG. Most likely we wud long at 1375.5/1376 but we have to wait and see !

8:39 pm - An invitation to a free evening talk on Wed, Tues 27, 2008

Dear Traders Club Members,

You are cordially invited to an exclusive Investment Seminar Talk organised by Phillip Capital Management Sdn Bhd.

Our Chief Investment Officer with over 20 years of investment experience, Mr Ang Kok Heng, will share his views on the advantages of foreign investments and the analysis on historical performance of Man Investment funds while representatives from Man Investment will share how Alternative Investment can help to enhance your total portfolio. Minimum investment is RM 50,000 and returns for 2007 were over 16 % net for some of the Man funds. This fund which I recommend is in Aussie Dollars which has been a very strong currency in 2008 and looking at the price chart appears to be well supported.

Date : 27 February 2008 (Wednesday)
Time : 7.00pm - 9.30pm
Venue : Westside Room 1, 2 & 3, Level 8, Boulevard Hotel, Mid Valley City,
Lingkaran Syed Putra,
59200 Kuala Lumpur (See map attached)


7.00 pm Registration

7.30 pm Man Investment = Growth + Stability
by Mr Ang Kok Heng, Chief Investment Officer of Phillip Capital Management Sdn Bhd

8.30 pm BREAK*

8.45 pm Alternative Investment Opportunities Through Man Investment
by Mr Sam Gibson of MAN Investment

9.45 pm Question and Answer Session


Please reply to me or Martin to register as only limited seats are available. This seminar is free of charge.

8:39 pm - Malaysian shares close sharply lower on renewed US economic worries -

UPDATE (adds analyst comment, share prices ) KUALA LUMPUR (Thomson Financial) - Malaysian shares closed sharply lower Friday on renewed concerns about the health of the US economy following the release of weak economic data there. The Dow Jones industrial average on Thursday dropped 1.2 percent after the Philadelphia Federal Reserve reported that regional manufacturing output shrank more than expected. In addition, the Conference Board said its gauge of future business activity dropped for the fourth month in a row in January. The local market was also weighed down by a series of negative developments in the corporate sector, including disappointing results from Maybank and MISC. The Kuala Lumpur Composite Index (KLCI) closed down 25.28 points or 1.8 percent at 1,369.48, off a low of 1,354.71. For the week, the KLCI was down 57.71 points or 4 percent. The FTSE Bursa Malaysia 30-large cap index dropped 153.21 points or 1.7 percent to 9,086.42 and the FTSE Bursa Malaysia second board index lost 99.66 points or 1.6 percent to 6,293.69. Decliners beat advancers 679 to 171, with 217 stocks unchanged and 288 stocks untraded. Trading volume was 904.6 million shares, valued at 2.17 billion ringgit. "The Conference Board data are reinforcing that the (US) economy is in recession as its index of leading economic indicators has now fallen 2.0 percent over the last six months, the biggest drop since early 2001," said analysts at Kenanga Investment Bank. The US economy is slowing dramatically in the first quarter as the index has declined for four straight months, it said. The Conference Board index is designed to forecast where the US economy is headed in the next three to six months. "If there is anyone (foreign investors) who has yet to sell and wants to sell, he or she will probably choose the markets that have not really fallen and are still in a profit position. Malaysia is one of those markets," said Choo Swee Kee, chief investment officer at TA Investment Management. The Malaysian market will remain skittish next week, he said. "At this point, it is very difficult to gauge in which direction the market will go as the market is very sensitive to news." Choo said he is not expecting the local bourse to stage a rally ahead of the general elections next month. "I think the market will be very quiet during the campaigning period, while the outlook for the market after the elections will depend on how the ruling party fared," he said. Malaysians will go to the polls on March 8 and candidates will start campaigning from next week. "For those who have already invested, they should hold on to their positions in blue-chips as these stocks will make a come back eventually. As for investors who are sitting on cash, now may be a good time to accumulate," said Choo. Investors will keep a close watch on the Malaysian central bank's decision on interest rates on Monday. Bank Negara, which has kept its overnight policy rate at 3.5 percent since April 2006, is unlikely to follow the US lead in cutting rates as inflation remains a major threat, said economists. The central bank will release 2007 GDP data on Wednesday, while the majority of Malaysian companies will announce earnings for the past year throughout next week. At the close, Gamuda extended losses after managing director Lin Yun Ling trimmed his stake in the construction company, fanning fears that the move may signal weakening operating conditions ahead. The stock slid 28 sen or 6.7 percent to 3.92 ringgit. MISC, the shipping arm of state oil company Petronas, lost 30 sen or 3.2 percent to 9.20 ringgit after it reported a 53 percent drop in third-quarter net profit. Maybank was down 10 sen or 1 percent at 9.50 ringgit. Malaysia's largest bank reported this week a 7.7 percent dip in its second-quarter net profit, hit by lower investment trading income. Bumiputra-Commerce, which controls Malaysia's second largest bank CIMB, declined 10 sen or 1 percent to 10.20 ringgit. The group's fourth-quarter net profit of 486 million ringgit was lower than expected, said James Ratnam, analyst at TA Securities, who has a "sell" rating on the bank. Plantation stocks were not spared in Friday's sell-off, with Sime Darby, the largest listed palm oil company in the world, falling 30 sen or 2.5 percent to 11.70 ringgit. IOI Corp, the second largest palm oil stock on the local bourse, shed 15 sen or 1.9 percent to 7.80 ringgit and Kuala Lumpur Kepong, which has interests in oil palm and rubber plantations, traded down 30 sen or 1.6 percent at 18.40 ringgit. Among other index heavyweights, national power company Tenaga dipped 20 sen or 2.2 percent to 9.05 ringgit and telecommunications giant Telekom Malaysia was down 10 sen or 0.9 percent at 11.10 ringgit. At the close, the Malaysian ringgit was quoted at 3.2170/2175 against the US dollar. Three-month interbank rates were quoted at 3.55/58 percent and the overnight rates were at 3.48/50 percent.

5:14 pm - Gamuda taken another hit !

4:26 pm - KLCI is holding at the 200MA. It is a significant support at 1367

Watch out for the support at 200MA @ 1367.0

3:19 pm - KLCI is moving up after it hits low 1354

Let's see how it can rebound back !

9:49 am - KLCI is still continuing its downtrend !

5:33 pm - KLCI closed down - It did not like the election list !

Down -19.56 pts.

3:08 pm - KLCI took a beating when regional market doing ok !

Look at the wide range bar !

12:05 noon - A huge selldown by Gamuda. Can this be due to an insiders ?

BN-linked counters really taking a hit this time around.

11:53 am - KLCI certainly has traded lower than yesterday's low !

A sign of bearish trend ???

10:13 am - Be ready to cut your losses for all your garbage stocks !

The elections candidate list was out this morning and the KLCI market does not like this list.

9:20 am - To see significant upside to KLCI, KLCI has to close above 1427.0

Only plantation shares are doing ok today !

9:14 am - A weak start for the morning !

5:07 pm - KLCI closed down down 11.17 pts at 1414.32

let's see if we wud get a down bar tomorrow ?

3:43 pm - KLCI is turning bearish , finally !

12:13 am - It looks like only plantation stock is holding up while the rest of KLCI is going down !

The market is going to test the 1400 support very soon !

11:04 am - PBBank is heading higher !

Wud we get a another 18 L/C today ?

11:00 am - Plantation is the key word. KLCI may head lower !

Here is a reasonable price plantation share - KM Loong.

4:45 pm - There is so much fear in us - All investors flocking for safety shares in the KLCI !

Look at the BAT - up by RM1.00. Everyone is flocking into defensive stock like BAT.

4:40 pm - Professional not ready to push up KLCI!

3:02 pm - Plantation counters like IOI Corp is moving uptrend tracking FCPO hitting new high.

10:24 am - PBBank forms 18 L/C

9:36 am - Our KLCI is up due to plantation counters.

SIME, PPB, KLK & IOI Corp are moving higher and it cause CI to move higher.

9:14 am - KLCI has no follow thru in the downtrend. DJIA is

5:26 pm - KLCI had a bearish pattern. The head and shoulder pattern maybe forming.

4:57 pm - UEMWorld is very ugly. Sell down on high volume !

10:32 am - WaSeong is at its support base !

This counter is moving sideway for almost 10 months.

9:39 am - MNRB is moving sideways.

This is a weekly chart. The support at 4.60. Professionals not interested in yet. The trend is up.

9:21 am - KLCI still holding up with sideway movement.

5:54 pm - Chart of the Week - Berjaya Toto

All last week, Vincent Tan plus his gang are buying his company at 5.20 - 5.40. Today, we have a 18 L/C. Worthwhile to take a look !