5:01 pm - KLCI is likely to move sideway from now !

4:41 pm - Last chance to enter Mulpha !

Let's see if it wud continue to run.

3:02 pm - KLCI is trying to build a base here.

KLCI cannot break or close below 1188

11:18 am - ICapital gets hit too ! Icapital is a good proxy for KLCI

Our M'sian value investor Mr. Tan Teng Boo own's closed end fund performance slightly worse off than KLCI.

1) Down -28% for icapital from Jan 2008.

2) KLCI down -20.4% from Jan 2008.

Now the question remained ?? Can I buy at this level for Icapital when it is so cheap ? Again, look at the chart. I foresee the KLCI can go down further more.

11:17 am - Bill's attached article on Malaysian Business

If you are one of our course graduate, you will received it.

Rgds,
-martin-

10:08 am - Weekly Outlook of KLSE by Bill Wermine.

Dear Traders Club members,

Attached is an article about how to protect your self from inflation/political uncertainty,stock market turmoil which will be published in Malaysian Business at the end of this month.

Bottom line is a quote from I Capital, Teng Boo, which applies, " What the state of the Malaysian Political zoo is does not matter an iota to the plantation sector, the oil and gas industry.... The PE ratio of the KLSE is now at 10.92 which show gross undervaluation offering long term upside potential.

The key in my opinion to withstanding the current storm in the equity market is to focus on these sectors and make sure the share you buy has a solid dividend.



Next week will be volatile and there could be opportunities in the futures. Give Martin a call or visit his blog for short term opportunities in CPO of CI

http://www.imtradermy.com/weblog.htm

9:23 am - Chart of the Week - Mulpha

Get in before 10 am. Put your stop below the pivot below rm 1.00

9:17 am - MBSB is trying to push thru its supply

MBSB cannot break close back to rm1.60

9:11 am - KLCI looks to not have uptrend follow thru for the time being !

let's see if the big players wud come in and buy into the market like last Friday afternoon.