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: Jan 14, 2008

Monday, January 14, 2008

4:29 pm - KLCI looks very toppish at this point.


This may be an engulfing bearish pattern if it closes below 1510.


11:45 am - KLCI is showing a possibility of COG


11:39 am - KLCI has formed a double top and the daily chart does not look nice


All the good news is out on the newspaper and our PM said our stock market is one of the best in the regional. That's spell bad news for the market.


9:58 am - Another UMNO counter for the election 2008

If it can hold at these support, it is good.

9:46 am - Plantation based Kretam is building nice base here


9:30 am - Bursa is going to test its last high for the 3rd time.

With so bullish market, Bursa has a good probability of breaking it.


Look at my previous posting. If you got in then, this is a nice "angpow".






9:15 am - KLCI is responding well to palm oil and soybean oil uptrend.

KLCI has limited upside due to these two factors. It is going to test the last high.




Will it break for the 2nd time ?