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: Jun 24, 2008

Tuesday, June 24, 2008

5:25 pm - Ann Joo still holding nicely !


It is going to test rm3.90 again.

5:06 am - If DJIA closed lower tonite, KLCI will definitely closed below 1200


4:35 pm - Mulpha came out in local newspapers !


Look the volume of this counter, some one is pushing the counter.


3:45 pm - KLCI is forming a triangle at 1200


It is likely to move down at this stage.

11:41 am - Trading Course Review of Stuart McPhee

Very recently I reviewed one course by a respected trader, Stuart McPhee
from Australia (author of 'Trading In A Nutshell, 3rd Edition').

You may have even attended one of his workshops in Singapore or KL. Up until now,
the course I reviewed has only been offered to Stuart'scoaching clients and a few other colleagues of his.

In any event, Ihave arranged for you to gain access to a set of question and answersessions Stuart recorded as a lead up to the workshop I watched.

Originally they were for his clients however I really feel they will beof value to you.

You can download them here:http://www.tripletradingprofits.com/martin.htm

Please note: You don't have enter your email address or register todownload this material. The link above takes you directly to the download page. Please let me know what you think.

Best regards,
Martin

11:30 am - Prognosis for Genting !

A lot of ppl asked why is Genting going down ! The reason is fairly obvious, they have nothing to show for in coming months so the expectation is down and the big players are staying away since 2007. Genting is going to test rm5.00 in coming weeks if our KLSE continue to weaken and indice cracks below 1140.






Looking at the Tradeguider chart - Genting weekly chart. The trend is down. Look at red diamond and red bar. Wait for the base to build first at rm5.00

11:01 am - BJLand is set to build a base.


But it does not warrant a buy yet ! The support has to be built first and this wud take weeks considering the kind of market we are in now ! Here is a weekly chart for BJ Land.




10:56 am - This is heathly pullback by Mulpha


PPl who traded two days ago are taking profit. If it does not fall further, Mulpha has room to move upward. The stop must still be in place.


10:36 am - TM has a 5 L/C !


Put your stop below rm3.05. However, volume is low.

9:19 am - KLCI has to cross and close above 1210 to have any chance for an uptrend.


Else it is going to moving sideway!