5:24 pm - KLCI has broken the support @ 1163

Let's see if there is a follow thru on the downside.

4:55 pm - A counter Pet Dagangan for exposure to oil and gas sector

Well supported on a weekly chart ! Buy within this week and put your stop below rm 7.15

2:20 pm - EPF supporting the market - Bumiputera Commerce Bank

But all in vain. I guess our money goes down the drain. Maybe the dividend payout 2-4% from CIMB Bank can help out !

11:10 am - This counter Air Asia is buckling the main trend

No wonder some big players were behind and the momentum is there to keep it up.









Remember, sell on the strength if you have this counter.

10:57 am - Even an uptrending counter like BJ Land has to halt its up progress

9:59 am - Live Trading at my office , Thur, 3 July 2008

Dear Traders,

As most of you know, many investors and traders cannot find anything meaningful to trade on KLSE Bear market. Many ppl asked me if they can open an acct with me to trade futures to benefit from the KLSE Bear Market. Profitting from the sell first and buy later.

So I am accepting new acct only on limited basis with term and conditions.

Bill and myself do live trading on a weekly basis for my clients and graduates of my workshop at my office in CIMB. See map below

Date & Time : Thur, 3 July 2008, 11 am - 12.30 noon

Venue: Wisma Amanah Raya, Level UL, Room 8, CIMB (See Map)

Park your car (FOC) near the bangalows at the back of the building and walk to CIMB.

If you wish to come and see me how I trade FKLI futures and give an market outlook, let me know as the CIMB meeting room has limited seats.

Email me at martin.wong@cimb.com or call me 03 2084 9999 X3533.

Rgds,

-martin-

9:15 am - KLCI has a doji followed by a long black candle yesterday !

If we see a downtrend follow thru today, KLCI is set to move down.

KLCI is set to test 1163 this week , critical support level - March 10 General Election low. If the volume is low, the KLCI may rebound back.