The medium term trend is now GREEN. Good to get in next week.
The negative thing is the lack of volume.
Friday, June 27, 2008
11:42 am - "A rose amongst the thorns " - BJ Land is showing 5 L/C
Check out my previous weblog that BJ Land has been beaten badly i.e. brokerage houses recommended to sell but guess what !
BJLand is starting to look good. Buy at weakness i.e. today ! Put your stop below at rm3.70
11:18 am : On weekly chart for KLCI, it is going to test the last low during March 8 General Election.
It is no point getting out now if you have not got out on your stock yet. Another method is put your stop tight if you are going to ride out this bear storm.
9:50 am - KLCI is testing the previous low @ 1187.0
If it close with volume and below 1187, this is good for establishing short position. I do not think KLCI wud close very low and with high volume.
Learn to trade from the short position. Open an futures acct with your futures broker.
Learn to trade from the short position. Open an futures acct with your futures broker.
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