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: May 28, 2008

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.