Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly 03 4252 4149 to register ! Bursa Malaysia (KLSE) :-) martin_tf_wong@hotmail.com: 05/01/2008 - 06/01/2008

Friday, May 30, 2008

11:33 am - HLFG is doing nicely today !


10:08 am - Watch out for this counter - Ramunia !


If you are trading brave heart, buy when you see L/C ! And put your stop below the support.

9:26 am - Cut your losses if Maybulk break below rm4.00


9:23 am - Here is a look at KPS after 18 L/C yesterday !


Can I buy ? Here is a signal. Put your stop just below the support.

9:16 am - KLCI maybe reversing on a low volume ???

I do not think the reversal of KLCI going uptrend is possible given the crude oil lowering to USD126.45. However, the KLCI will move sideway

Thursday, May 29, 2008

5:06 pm - KLCI is poised for further down move.

KLCI closed lower below 1271.0 and heading SOUTH.

2:03 pm - KPS is doing a 18 L/C


This can be a buy opportunity. However, volume is low.
Put your stop below rm1.70

10:05 am - DJIA poised for sideway market


I wud like to see volume coming in for reversal for DJIA to move uptrend.

9:57 am - Maybank has broken another support @ Rm 7.55



Better let go all your Maybank shares and look to buy back more lower @ rm 7.20

9:30 am - KLCI is desperate wanting to go up !

KLCI tries to push up in the early morning but in the afternoon flatters. Look at the highlighted oval shape.






KLCI must close with 1274 with high volume to validate a reversal. Else KLCI will move sideway or downward.

Wednesday, May 28, 2008

11:27 am - KLCI has broken 1270/1271 for the 3rd time.


This is no longer sideway movement as KLCI is ready to move lower.

11:05 am - Sindora still moving higher !


Watch how Sindora wud halt its uptrend !

9:22 am - Look at SP Setia . It may be setting for a long !


Put your stop below rm 4.00

9:11 am - Genting has officially broke below the major support



If you look back at Genting, as soon as it break 200MA (white line), Genting never look back to go South and this around, it break major support at rm5.90/rm6.00 again.
If you want to buy, look to buy at rm 5.00 and rm 4.00.
Genting is in bad shape. Dividend yield for Genting is less than 1.5%. Stay out !

9:06 am - BJ Toto is well supported at Rm 4.85


I suspected someone "big player" is buying at the support. If you had not sold partial of BJ Toto, hold it. If you have sold some of it, look for another counter.

9:03 am - HLFG is having a 18 L/C yesterday.


The Chart of the week Hong Leong Financial Group is working ok this around.

8:44 am - KLCI last min pull up to buy large cap counter to close above 1271.0


This does not look good ! Having said that, if it is testing 1271 and close below 1271. KLCi is seem lower by fate.

Tuesday, May 27, 2008

9:31 am - Here is next counter YTL Power that is pushing thru the demand !

YTL Power has broken below the major support rm 2.40 and treading rm 2.10. This is due to listing of YTL Warrant which is heavily discounted to benefit the shareholders. This listing of warrants dilute this shares.

I know ! I own this counter.

9:25 am - Here is a counter Esso that is pushing thru the supply


I believe Esso wud not fall back to Rm2.55 as there are some news of privatization on Esso.

We have bought some shares for our clients prior to this.

9:15 am - Kinsteel is trying to break the last high @ Rm1.635


This wud be the 3rd attempt. If it does break and close above rm1.65. Kinsteel can close higher.


9:07 am - KLCI looks like it is holding up at 1271 for today !


KLCI yesterday closed above 1271 and today shud close above 1273.0


Monday, May 26, 2008

5:15 - KLCI did stay above 1271.0



There is a support at 1271.0. I believe this wud support wud hold as DJIA is closed for Memorial Day.

10:55 am - KLCI is holding up above 1271.0


KLCI is strong in facing the regional weakness.

9:56 am - Weekly Outlook by Bill Wermine !

Dear Traders,

Since the US Federal Reserve began slashing interest rates in Mid August, and leading central banks around the world pumped billions of dollars into the financial system to rescue the banking industry the commodity markets have soared to record levels led by crude oil, soybeans, palm oil, wheat, gold, silver, coal, hogs,live cattle. Pension funds have plowed over 300 billion USD into commodity funds as a hedge against the collapsing US Dollar and the explosive growth of the world's money supply.

Pension funds, banks and hedge funds are driving the commodity markets.

The Australian and Canadian dollars are benefitting from this rising commodity trend as well as Man investments.

The Bernanke Fed has created a monster with its failed policy of slashing interest rates and devaluing the US Dollar driving Crude oil to USD 135 per barrel and transmitting inflation throughout the world.US Treasury chief Henry Paulson and President Bush are calling the shots on US Monitary policy
and might be secretly in favor of higher oil prices. Their chronies in the Federal reserve seem afraid to resist. This is the last rape of the American public before they lose power in the November election. Bush and his insider friends need to steal as much as they can before the game ends and they are forced out of polititical office.

The sad fact is that no one can stop them as they control the machinery of power which is the power of monitary policy and the the military. Our only hope is that the US public throws them out in November.

Bush will retire to his ranch in Texas to live in luxury for the rest of his life on the misery he has created for the mass of the public.

To protect yourself invest in high dividend paying shares, commodity related shares and those companies which can raise their prices with inflation. I have sold all REITs, construction shares for my clients and am maintaining positions in gold and Man Hedge Funds.

This should work until October 2008.

Weekly Commex Gold Futues Chart

Vested interests will do all in their power to surpress the price of gold. Gold is the only true money and has no counterparty risk as opposed to all paper assets such as bonds, stocks, money market certificates, paper currencies. Politicians can lie to the public that inflation is low but gold does not lie and when it goes up it exposes their lies. After central bank sales and massive press manipulation gold went through a recent panic selldown but has since regained its up trend on a powerful wide range bar breakout.

We are holding 2 free events in 14 and 15 of June. Attached is the brochure. These will showcase the new TradeGuider upgrades. There have been major improvements in the program and the upgrade is FOC to present owners. For those who have hesitated to buy the price has been raised again to USD 1250. IF you purchase at at the June events I have spoken to Gavin the CEO of TradeGuider and he will extend the USD 995 price for 1 week after our June event.

Let TradeGuider and Man Investments be your compassas to steer you through the world market financial storm.

Have a profitable week ahead,
Bill

9:37 am - PB Bank is building a base around 11.40-11.60


Let's wait for a few day to see the support is for real.

9:08 am - KLCI is holding up at 1271.0


If KLCI break and close below 1271.0, KLCI is likely to move sideway or downward.

Friday, May 23, 2008

9:27 pm - Malaysian shares close flat; key index down for fourth straight day

Malaysian shares close flat; key index down for fourth straight day - UPDATE KUALA LUMPUR (Thomson Financial) - Malaysian shares closed little changed in quiet trade on Friday after an early session advance triggered by a rebound on Wall Street overnight lost steam due to caution ahead of the weekend. Market sentiment remains bearish and cautious, said Lee Cheng Hooi, an analyst at MIMB Investment Bank. The composite index was down for a fourth trading day in a row as investors cashed in early gains. The Kuala Lumpur Composite Index eased 2.79 points or 0.2 percent to finish at 1,274.78. "We expect a visit to the key 1,271-point support area again quite soon,'' Lee said. The FTSE Bursa Malaysia 30-large cap index dropped 9.62 points or 0.1 percent to 8,223.37, while the FTSE Bursa Malaysia second board index added 16.61 points or 0.3 percent to 5,827.57. Advancers slightly outnumbered decliners 320 to 319, with 264 stocks unchanged and 518 untraded. Trading volume was low at 544 million shares valued at 1.3 billion ringgit. "Continue to sell and take profit on rallies,'' Lee said. "The local bourse will likely continue to consolidate going forward,'' said Pong Teng Siew, head of research at MIMB Investment Bank. "The U.S. economy does not look good and may spring more unpleasant surprises.'' Wall Street steadied itself Thursday after two sessions of steep declines, rebounding moderately as oil prices retreated from record-breaking rallies. Better-than-expected figures from the Labor Department showing the number of workers seeking unemployment benefits declined by 9,000 last week to 365,000 also supported the U.S. market. But the economic fallout from ascendent energy prices remained Wall Street's focus. Uncertainties on the domestic political front also cast a pall of gloom on the local stock market. "We are maintaining our 'sell on rally' strategy as unsettling newsflow in the local political scene have fogged up the market,'' said Phua Kwee Hock, an analyst at SJ Securities. Political factors weighed on the market this week after former prime minister Mahathir Mohamad quit the ruling party, UMNO, and called on other party members to follow his lead in an effort to put pressure on Prime Minister Abdullah Ahmad Badawi to step down. "Until clarity emerges on the political front, the Malaysian market will just be (dawdling),'' Phua said. Telekom Malaysia was down 0.6 percent at 3.22 ringgit. Malaysia's largest telecommunications company said on Thursday its net profit fell 12.8 percent to 519.7 million ringgit ($162.4 million) in the first quarter on higher operating and financing costs. Diversified conglomerate YTL Corp was flat at 7.45 ringgit. The company reported on Thursday a 32 percent jump in its nine-month net profit to 1.07 billion ringgit. Plantation majors put in a mixed performance, with Sime Darby, the largest palm oil producer in the country, down 1.6 percent at 9.50 ringgit while IOI Corp, the second largest plantation stock on the Malaysian bourse, was flat at 7.40 ringgit and Kuala Lumpur Kepong 1.1 percent higher at 17.80 ringgit. National carmaker Proton Holdings was up 0.6 percent at 3.64 ringgit after domestic car sales surged 49.3 percent in April from a year earlier. Among index heavyweights, national power company Tenaga was flat at 6.85 ringgit while Maybank, the largest bank in Malaysia, was down 0.7 percent at 7.60 ringgit. The ringgit closed at 3.2155/2160 while 3-month interbank rates stood at 3.61/62 and overnight rates were at 3.48/50.

9:22 pm - Chart of the Week - HLFG - Hong Leong Financial Group


Put your stop loss at Rm4.90. I believe HLFG is Hong Leong Financial Group. Let me know if I got it wrong ?

Put your stop at Rm4.90. Is this a buying opportunity ? I believe HLFG is Hong Leong Financial Group ???

5:22 pm - KLCI is turning to be very ugly !

KLCI selldown in the afternoon to close low @ 1274.78

3:44 pm - Berjaya Toto is weaking and mushrooming down !


If you are short term on this counter, better take profit now as it is testing major support @ RM4.85

2:48 pm - Government agenices are supporting MayBank


Look at the big players who just bought into MayBank ! It worth about RM 250 mio purchase of Maybank. That's a lot of money !


11:07 am : Sime is well supported by higher palm oil prices !


Sime is also supported by 200 MA.

10:37 am : KLCI is forming a bullish pattern i.e. saucer shape


On a intraday, it is bullish ! Let's see if this trend continue in the afternoon.

10:00 am - Take some profit for Kencana and sell all if break below 1.90


9:37 am - KLCI recovering today to see if it can go higher


However, KLCI's trading volume is low. KLCI might just pop up and selldown again. Just becareful !


Thursday, May 22, 2008

5:33 pm - KLCI is holding up above 1271.0


We have been down for 3 days, we may see a reversal tomorrow.

2:21 pm - Here is one to watch for - Sindora !


Plantation and timber related industries. There is hidden potential selling occuring ! Stay out and see when this wud fall !

10:57 am - There is strength in our cash market - KLCI


Anyway,I want to see KLCI moving up again. KLCI must close above yesterday low @ 1279.05.

9:49 am - Free upgrade for TG users ! Last chance to buy TG at old prices.

By the way, I will personally recommend TG as I am user of TG and have benefitted tremendously.

Rgds,
-martin-


TradeGuider Launches New EOD Version June 1st 2008

All New Features and Improvements
Built In Datafeed
Massively Improved Scanning Functionality
Pre-Built Portfolios Including Sectors
EOD Data for Spot FOREX
Automatic VSA Signal Scanner with High/Low Volume Detector
(see below for full specification)
New Price - $1250.00 (US)
Last Chance to Buy at Current Price $995.00 and get FREE Update to New Version on June 1st 2008
Hi,

I am delighted to make two announcements in this email, first, the launch of the new version of TradeGuider EOD which is packed with new features to enable you to track "Smart Money" activity on your charts. I want to thank you all for your patience and I am sure you will agree this has been well worth the wait.

Second, I am very pleased to announce the opening of our Australian office in Melbourne headed up by our new CEO, (and a TradeGuider user and professional trader) David Blundell. We will be holding a live web seminar to introduce David and take a close look at some stocks he his following on the ASX, so welcome to the team David. Details will be emailed to our Australian and New Zealand database shortly.

There have been a number of people involved in creating this new program, including our customers who beta tested this version, and I want to thank you all for your recommendations, bug fixes and suggestions that have helped bring this launch date to fruition. I also want to especially thank TradeGuider customer Roger Down for all his efforts improving the program and bringing in some great ideas that we have implemented.

I won't list all the great new features in this email (26 in total) but there is a link below that takes you to a web page with full details. As I promised, this is going out this week as a FREE update to all our customers who own TradeGuider EOD or RT.We are rolling out in small batches so if you have not received your update email yet, don't worry, it is coming. The next version we are releasing after this is the TradeGuider RT update with integrated feed and we expect that to be ready in late July, we will keep you informed.

We have partnered with a first class data feed provider, www.realtimedata.com, to bring you a fully integrated feed that has great volume data, so important for Volume Spread Analysis. Tom Williams and I selected this company from several we looked at and I have been using thier data for several months very effectively.

We will be increasing the price of TradeGuider on June 1st so if you want to try TradeGuider at the current price, with our 30 day money back guarantee, don't delay, call us or order online from the link at the bottom of this email.

I want to apologize to those still waiting for a one to one demonstration, we are very backed up so I have recorded 2 demo's I did this week in very active market conditions, so you can see a market top and bottom clearly identified using VSA. I have also included a link to this weeks chart of the week. We are also putting together a one week Volume Spread Analysis masterclass taking place in Aspen, Colorado, (not Cayman Islands as previously announced) 20th to 27th September with a host of experts from all over the world which will take your trading to a new level. Places will be limited to 35 with priority given to Symposium attendees then webcast attendees. We will email full details next week, or you can express your interest by calling Marty Anderson at the number below or by putting your name on the waiting list at:
(The web page is being updated to show Aspen not Cayman but you can register your interest here, no credit card required)

http://www.tradeguider.com/symposium/cayman.asp

Finally, we have three live web events this week with Marty and I. The first is LIVE FOREX session tonight at 9.15pm Eastern Standard Time US. Details are below where you can see the all new TradeGuider EOD in action, including EOD for spot FOREX, no pre-registration required for any of our events:
Here are the relevant links:
(Please note, you may have to copy and paste the links into your web browser to view the content if direct clicking from the email does not work)

To find out more about the all new TradeGuider EOD use the link below and call or email Marty to order at the current price of $995.00 and get the free update to the new version on June 1st.

http://www.tradeguider.com/softwaresystems/eod_prelaunch.aspx

To view the two demonstrations recorded in the live market this week use these links:

http://www.tradeguider.com/Gavin_Webinar_Files/demo1.wmv

http://www.tradeguider.com/Gavin_Webinar_Files/demo2.wmv
To view the latest Chart of the Week use this link:

http://www.tradeguider.com/Gavin_Webinar_Files/cotwmay.wmv This weeks web seminars:
(NO PASSWORD REQUIRED - LEAVE BLANK IF ASKED)

Tonight, Wednesday 21st May at 9.15pm Eastern US

Live Trading The Spot FOREX Market with Gavin Holmes

Join Gavin Holmes as looks for trade set ups at the right edge of the chart as we get into the Asian trading session followed by the European session. The pound has started a mini rally vs the dollar, will it continue?? Come and see with live charts running and expert analysis.


Save this email and enter room from this link 30 minutes prior to start time:
http://www.omnovia.com/event/81721211408523
Tomorrow, Thursday, 22nd May at 4.15pm Eastern (US)
How to use Volume Spread Analysis for Investing using Daily and Weekly Analysis.
In this seminar we will focus on End of Day long term position trading using Volume Spread Analysis. We will learn how to identify longer term trends and pick stocks and commodities that have made a cause to move. We will also see how to exit on weekly price bars, and when to stay in a position in a whipsawing market.

Save this email and enter room from this link 30 minutes prior to start time:

http://www.omnovia.com/event/87981211404231

Friday 23rd May at 4.15pm Eastern

A Preview of the All New TradeGuider EOD with live scan and VSA analysis

Join Marty Anderson as she demonstrates the new TradeGuider EOD software and shows the power of the scanning functionality and VSA signal search to identify high probability trade set ups.

Save this email and enter room from this link 30 minutes prior to start time:

http://www.omnovia.com/event/17741211405318


We Look forward to seeing in our live web casts but if you cannot attend, do not worry, they will be recorded and available from archive at this link:

http://www.tradeguider.com/resources/tour_resources.aspx
Warm regards,

Gavin

Gavin Holmes
CEO
TradeGuider Systems International
111, W.Jackson Blvd, Suite 2010,
Chicago, Illinois, 60604
United States

US Tel: Toll Free in US - (877) - 392-3895

email: info@tradeguider.com

9:40 am - Traders club meeting for Graduates of MTM - This Saturday 24 May 10 am

Hi Bill and Martin
I use Martin's blog as a great guide and today have RM4-5k positionsin about 8 shares incl Public Bank and Sime.Sorry that I never make Thursday sessions e.g. today I am in Sydney
see you around and thanks Martin for the futures trading help
Nigel

On 23/05/2008, Bill seminars@tradethetruth.com> wrote:>

Dear Traders,>>
It has come to my attention that a number of you are not trading. You paid a
> lot of money for our course and may I ask what is the reason you paid the
> money? Knowledge without taking action will not give you a profitable
> result. Trading is an operational skill and you must practice. The more you
> practice, the better you get.

>>> Is it fear of losing, not having a trading plan, not having time to spend
> on research and share selection ?
>> I have a solution that may fit for some of you. Jupiter Securities has an
> excellent technical analyst who provides 2 shares a day which are low price
> trading shares. Martin also has a blog which gives quality recommendations.
> The cost of the Jupiter services is FOC to Jupiter on line clients ( By the
> way they have the cheapest brokerage in Malaysia) .05 or RM 8, whichever is
> higher. Martin also does not at this time charge for his blog.

>> Take their recommendations and use the trading plan sheet we presented in
> our course which is complete with exit/ entry, % of capital risk etc. In
> this way you do not need to use MetaStock software explorer filter or Trade
> Guider. You then print out the chart and draw your support/ resistance,
> trendlines. staple this to your trading plan sheet.
>> I can not promise you will be profitable, you will lose some trades but if
> you manage your risks you have an edge from these fellows based on their
> past performance.

>> This will build up your confidence- start with small size and increase as
> you build up your account.

>> Mr Teo of Jupiter will be at our Traders Club meeting Saturday from 10 AM to
> 12 30 and you can ask him any questions you wish.
>> We also have a famous options trader- Foong Mun Koung who will share his
> insights as well as a DVD of Larry Levin an S & P Trader who will share his
> favorite Candle pattern.

>> Also Phillip is setting up a brokerage to trade local and overseas futures/
> commodities. They are looking for paid dealers. Matthew who will run the
> show will also be at the club meeting to answer any questions you might

> have. I understand their rates are very competitive for those who wish to
> trade.

>> Regards
> Bill

9:27 am - PPB is one of the best performing plantation stock

Answering your question from HCW:



This stk can go higher as crude oil head higher. You can wait for one or two days as it will test the last high @ 11.25.(Look at Kinsteel when it test the last high. ) When it break convincely, you can buy else PPB will move sideway.

However, looking at how crude oil is breaking record high day after day and palm oil heading higher. I believe PPB can break Rm11.25 convincely.

9:24 am - Big players EPF buys into PB Bank

With this in mind, rest assured the EPF is supporting this favourite counter of everyone - PB Bank.

9:14 am - KLCI gap down due to -227 pts down by DJIA


KLCI cannot break or close below 1271, else it is a downtrend.

Wednesday, May 21, 2008

5:31 pm - KLCI is holding up at this level. Gap down and closed high with a white candlestick !


2:19 pm - Watch out this counter if it breaks above recent high @ RM6.70


VADs has formed double top and if it can hold above rm6.70, VADs wud see higher closing.

10:54 am - Strength appear from down bar !


KLCI gap down and recovering well from now ! For downtrend, I wud like to see a follow thru in the downbar. If not, the KLCI is still moving sideway.

10:48 am - AMMB is well supported by EPF - Big Players


It is ok to hold on to AMMB.

9:54 am - Bad news for Ramunia but it goes up !



So our teaching of price and volume is the true for the market. Look at this counter ! When bad news like below, Ramunia goes up. Ramunia is well supported at rm 1.20-1.24.









9:46 pm - Maybulk has a double top and will move sideways or downwards until KLCI resume its uptrend.


Put your stop below its pivot. This is Chart of the Week.

9:35 am - PB Bank is going thru profit taking period now !

Take your profit now for a short term trader !

9:13 am - KLCI gap down due to DJIA 193 pts loss


We may see a doji for KLCI today ! If KLCI is bullish, we wud see a upbar from the bottom denoting strength. Let's look at the volume at the end of the day.

Tuesday, May 20, 2008

5:36 pm - Serious selldown by KLCI after it fail to close 1,300



They first sold futures in the morning and later in the afternoon, they sold cash market - KLCI. I do see our KLCI wud sell off the next 2 days.
Notice the high volume by KLCI, this cud be the reversal bar for market to turn downtrend.