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Thursday, May 8, 2008

5:11 pm - KLCI is rangebound but well support 1276.0


With plantation counters lower today due to profit taking. Let's see how DJIA fare tonite ?

4:03 pm - KLCI is rangebound between 1271 & 1288

This may be just a take profit day. Let's see how KLCI wud close today.

9:59 am - Acostech is still holding strong around 0.90-0.95 support


Good dividend counters. Chk it out yourself.

9:09 am - KLCI is ready to go higher !


Despite weaker DJIA, our KLCI is very resilient due to stronger palm oil prices.


Wednesday, May 7, 2008

5:39 pm - KLCI closed high 11.06 pts against regional trend.



Let's see if this can continue till Friday.

3:46 pm - FKLI is forming a saucer shape !


Sign of a bullish pattern for the intraday.

3:28 pm - Coincidence of CIMB roadshow with our KLCI moving higher ???

It is interesting to note that everytime CIMB did a international roadshow in April 2008 promoting our KLSE, our market inches higher.



Now that "the cat is out of the bag", will KLSE hold up for month of May and 2nd half of the year.
Look at the weekly KLSE chart. KLSE only had 1 down week bar in the month of April.