5:31 pm - Boustead is undergoing a series of test !

It is hovering over 200MA at rm5.36. With bear market like now, it is difficult for Bstead to break out.

Nevertheless, watch out this counter.

5:01 pm - KLCI cannot close higher than 1210.

This is a sign of weakness. Selling on strength. Closed at 1203 down -5.22 pts.

11:29 am - Big player like Mr. Quek has bought a stake in MPI

Watch out for this shares and when you see TG has strength. Buy it. There is a series of test going on for MPI.

Wait for L/C before buying and put your stop below the support rm6.90

11:02 am - SPK is still holding on !

Park your profit objective at rm 0.95/1.0/1.05

10:56 am - For those living in Penang, Bill Wermine will in Penang on 12 July 2008.

Dear Graduates of Bill's seminars,

For all of you who attended our programs I am coming to Penang and would like to renew our relationship and assist you on any thing or any questions you might have.

We are coming to Penang on Saturday 12th July and will have a graduates reunion at the Evergreen Laural Hotel. This is preceeded by an Investment talk with details below. It is free of change and includes refreshments. Our reunion is from 1 to 3: 30 PM and if you have any questions on any trading matter we are happy to answer them.

We will be organising an exclusive International Investment Talk on 12th July 2008. Our CIO, Mr Ang Kok Heng will share with us on how alternative investment can help to enhance your total portfolio. Details of the talk are as below:

Date : 12th July 2008 (Saturday)
Time : 10.00 am - 12.30 pm
Venue : Evergreen Laurel Hotel 53, Persiaran Gurney, 10250 Penang (See map attached)

10.00 am Registration

10.30 am Alternative Investment Opportunities Through Man Investment

11.15 am BREAK*

11.30 am No Qualms on Aussie $ !

12.10 pm MAN Weathers Through The Storms

12.30 pm Question and Answer Session

*Refreshments will be provided.

As seats are limited please let me know if you wish to attend with your name and telephone number..

Have a good week ahead
Bill
012 685 1207

10:44 am - If you are in for Genting, this is a time to get out on strength

If KLCI were to go down after 30 June 2008 due to window dressing for 1st half of 2008, this is a time to get out @ rm 5.70 if you do not wish to hold for a long period for Genting.

9:41 am - KLCI has a resistance at 1210

It is crucial it cracked and close above1210 else that's it, KLCI will resume back to downtrend.

Remember this month end is 30 June 2008 and so far the fund managers were good in ramping back the KLCI back to close 1200 - this is a window dressing and fundamental our market is still weak. After June 30, we may see lower KLCI closing.