11:22 am - Man Fund Talk tonite !

Dear Traders,

I completely forgot: Sam Gibson of Man Investments will be presenting at the Boulevard Hotel at Mid Valley tonight. time for registration is 7 PM. Thank you our new graduate of Master the Markets Teoh for reminding me.

Man is launching a new capital guarantee AUD fund and would be a good time to invest or ask about your existing Man investments especially now when the US Dollar/ US Bonds are under attack.

Come early as seats will fill up fast.

Regards
Bill

12:22 pm - Man Hedge Fund Briefing at Hilton tonite !

Dear Colleagues/ Traders Club members,

Due to an overwealming response beyond our expectations we are over booked at the Hilton for tomorrows Man Investment presentation. A list of over 50 potential attendees was misplaced and the organizer did not know of these so we overbooked by 50. The hall only holds 200 so the 50 who booked may not have a place in the hall.

I apoligize for any inconvenience and to solve the overbooking proble we will repeat the same presentation at the Phillip office on Saturday 19 July at 10 AM. This will be a much smaller group and at least you will be able to see the slides and hear the speakers . (This 19 July presentation is private and only for our Traders Club members and friends)

Agenda will include the outlook for the Aussie dollar and why Man is the right inflation conquering investment vehicle in the current market turbulance. Andy Lim head of Phillip Wealth Management will be there to support the event.

Let me know if this date is more convenient for you. Appreciate if you could reply as soon as possible.

As the Man Eclipse fund closes on the last week of July, you still have a chance to get a seat on the train before it leaves the station.

Have a good day
Bill

012 685 1207

10:35 am - Wednesday investment talk

Dear Traders,

Below is the details of the Wednesday investment talk which I invited you.

We will be organising an exclusive International Investment Talk on 9th July 2008 for your clients and prospects. Mr Sam Gibson will share with us how alternative investment can help to enhance your total portfolio, while our CIO, Mr Ang Kok Heng, and our strategist Ms Crystal Teh will share about the Australian currency and economy and the analysis of Man Investment funds. Details of the talk are as below:

Date : 9th July 2008 (Wednesday)
Time : 7.00pm - 9.30pm
Venue : Kristal Ballroom 2,
1st Floor East Wing, Hilton Petaling Jaya Hotel
No 2 Jalan Barat,
46200 Petaling Jaya. (See map attached)

7.00 pm Registration

7.30 pm Alternative Investment Opportunities Through Man Investment
by Mr Sam Gibson of MAN Investment

8.15 pm BREAK*

8.30 pm No Qualms on Aussie $ !
by Mr Ang Kok Heng, Chief Investment Officer of Phillip Capital Management Sdn Bhd

9.10 pm MAN Weathers Through The Storms
by Ms Crystal Teh, Strategist of Phillip Capital Management Sdn Bhd

9.45 pm Question and Answer Session

*Refreshments will be provided.

Please RSVP with Azimah at 03-2711 3038 or reply this email to register as only limited seats are available. This seminar is free of charge.

You may amend the invitation attached below before sending to your clients.

Thank you.


Warm Regards,

Julie

016 651 9512

11:03 am - A good TG meeting last weekend !

Dear Traders,

We had 2 fruitful events this weekend. Gavin Holmes of TradeGuider with Tom Williams gave an outlook for the Aussie Dollar, Dow Jones and Crude Oil. These markets are driving world markets at the moment.

Below is a link to the event: This webcast is an eyeopener and shows the predictive power of price and volume.

http://www.omnovia.com/event/93411213380262

If you wish to order TradeGuider before the price goes up to USD 1295 from USD 995

give me or Martin a call. Friday is the deadline to order before the price goes up (20 June)

Also those who have interest in Man Hedge Fund and have more concerns or questions you may call us or have lunch with me at my office. THis could be your port in the storm should world markets continue to collapse. It will also protect you from world wide inflation and government money printing.

Attached is Martin's newsletter which I totally agree with.

Have a good week ahead
Bill

11:30 am - KLSE Market Outlook by Bill Wermine

Dear Traders,

I attended a seminar Saturday by Kathy Lien, a famous currency analyst and trader from FXCM. There were over 200 PAX who paid RM 200 to hear her outlook and trading strategies. She polled the audience and over 100 raised there hands when she asked who are the active currency traders. When she asked how many were consistently profitable only a few raised there hands. She then spelled out in a frank, realistic and hard hitting manner why most traders lose and what it takes to be successsful. Knowing the personality and humility of Malaysians the profitable traders would not raise their hands to expose themselves so this was not necessarily a valid survey.

Kathy's presentation gave the 5 protocals that successful hedge fund managers use to be successful. One of them is they find a niche in the market that fits them and they specialize in that niche.

On Saturday from 10 AM to 12 30 PM we well hold a presentation at Phillip and Sunday 2 to 5 PM at Crystal Crown Hotel, PJ (Brochure attached) to review the new features of the TradeGuider upgrade which is FOC to tradeguider users. Martin will show his current search results for the KLSE and answer questions on the new upgrade. We invite questions from those who have upgraded. Please let me know if you wish to attend as seats are limited

After attending Kathy's seminar I now understand why Man Hedge Fund is so successful because the managers of Man follow the 5 protocals. I will give a brief presentation on these protocalls in these 2 meetings.

Also we will play a video clip from motivator T Harv Eker about the first trading protocal. This is from a seminar he recently conducted in KL.

Kathy also reversed her outlook on the US Dollar. She has been bullish the last month but has reversed to neutral due to the largest unemployement jump in the US in 22 years. From 5.1 % to 5.5 % of the labor force are unemployed. Also she mentioned the continuing credit crises, housing market turmoil as foreclosures are at the highest rate since the great depression in 1930. She mentioned that with these statistics it is very difficult for Bubble Bernenke and his chronies to raise interest rates to protect the US Dollar. Bush, Paulsen and Bernenke are radical inflationists and will sacrifice the US Dollar to benefit their insider friends and banking establishment

The Central Bank of Europe according to Kathy will maintain steady rates. The Australian central bank may raise rates as both central banks are more focused on controling inflation. The chart of the Australian Dollar confirms this:

Monthly AUD with trend diamonds. Buy signal in Febuary after shakeout and test of support still in force. Those who are holding Man Hedge Funds ( The AUD Fund are earning currency gains and it looks like more gains as the AUD approaches parity. The next AUD Man fund opens up next week. If you are not invested it might be a good idea to place some of your assets in this.

Because of the petrol price rise and world stock market volatility we can only hold the highest quality of shares in plantation, resource
and oil sectors. We must avoid construction, Reits, property devolopers, auto and air line shares, toll operators and political shares

For those who have a US market account with Ameritrade you can buy the FXP which is a leveraged China fund. This fund goes up in value when the China market goes down. It is known as the Pro Shares ultra short fund. The Chinese government is woried about inflation and is squeezing the stock market speculators. If the US goes into deep recession, this fund could earn a handsome return. The US is already in recesssion but it looks like it is going to get much worse- especially if Obama wins the general election.

Check out Martin's blog for up to date recommendations for futures/ shares www.imtradermy.com/weblog.htm


Be prepared for volatility next week,
Bill

9:38 am - Weekly Newsletter by Bill Wermine.

Dear Traders,

Expect more sideways movement in the week ahead as the majority of the investing public is still uncertain, fearful and influenced by all the bad news. Political bikkering is constantly highlighted by the media and has even reached the foreign news. One bright spot was the cabinet decision to force toll operator Grand Saga to remove the barrior to a housing estate road in Cheras which had caused hardship to the residents. This shows that the politicians are beginning to listen to the public who have a genuine concern

Smart money uses bad news, uncertainty and a gloomy environment to accumulate.

An example is below:

Monthly chart of Maybank:

Maybank is testing 2004 support on relatively high volume. News is extreemly bad as perceived by the investment analysts and most fund managers. Perceived bad news are the recent aquisitions in Indonesia and Pakistan which some analists say are unstable countries etc. Some are even forecasting that Maybank will cut their dividend

Even Tan Teng Boo of I Capital downgraded Maybank from Buy to Hold.

On the other side of the coin if Maybank was so financially in trouble why did ASB, EPF and PNB buy 38,363,000 shares from 30 April to 16 May ? Why have other prominent funds and inside money been buying Maybank in the face of extreme bad news ?

Smart money buys under the cover of bad news. They do not want to push up the price against their own buying. That is bad for business. I would not be surprised if much of the bad news is manufactured by insiders to keep the price down.

If you wish more information on this topic come to our session on 14 and 15 June. Brochure attached. We will showcase the new TradeGuider software features which is
FOC to owners of TG and may have a seminar broadcast from Chicago with a Malaysian Market Oulook by Gavin Holmes.

We will also present some benefits of the soon to be launched Man Eclipse Hedge Fund. This fund can be your financial port in a stormy sea which is filled with sharks, giant waves, whirlpools, giant squids, sea snakes,octopuses and other dangers. Average returns for AHL fund was over 7 % last quarter.

Due to space limitations please let us know if you wish to attend.

Have a good week ahead
Bill

9:56 am - Weekly Outlook by Bill Wermine !

Dear Traders,

Since the US Federal Reserve began slashing interest rates in Mid August, and leading central banks around the world pumped billions of dollars into the financial system to rescue the banking industry the commodity markets have soared to record levels led by crude oil, soybeans, palm oil, wheat, gold, silver, coal, hogs,live cattle. Pension funds have plowed over 300 billion USD into commodity funds as a hedge against the collapsing US Dollar and the explosive growth of the world's money supply.

Pension funds, banks and hedge funds are driving the commodity markets.

The Australian and Canadian dollars are benefitting from this rising commodity trend as well as Man investments.

The Bernanke Fed has created a monster with its failed policy of slashing interest rates and devaluing the US Dollar driving Crude oil to USD 135 per barrel and transmitting inflation throughout the world.US Treasury chief Henry Paulson and President Bush are calling the shots on US Monitary policy
and might be secretly in favor of higher oil prices. Their chronies in the Federal reserve seem afraid to resist. This is the last rape of the American public before they lose power in the November election. Bush and his insider friends need to steal as much as they can before the game ends and they are forced out of polititical office.

The sad fact is that no one can stop them as they control the machinery of power which is the power of monitary policy and the the military. Our only hope is that the US public throws them out in November.

Bush will retire to his ranch in Texas to live in luxury for the rest of his life on the misery he has created for the mass of the public.

To protect yourself invest in high dividend paying shares, commodity related shares and those companies which can raise their prices with inflation. I have sold all REITs, construction shares for my clients and am maintaining positions in gold and Man Hedge Funds.

This should work until October 2008.

Weekly Commex Gold Futues Chart

Vested interests will do all in their power to surpress the price of gold. Gold is the only true money and has no counterparty risk as opposed to all paper assets such as bonds, stocks, money market certificates, paper currencies. Politicians can lie to the public that inflation is low but gold does not lie and when it goes up it exposes their lies. After central bank sales and massive press manipulation gold went through a recent panic selldown but has since regained its up trend on a powerful wide range bar breakout.

We are holding 2 free events in 14 and 15 of June. Attached is the brochure. These will showcase the new TradeGuider upgrades. There have been major improvements in the program and the upgrade is FOC to present owners. For those who have hesitated to buy the price has been raised again to USD 1250. IF you purchase at at the June events I have spoken to Gavin the CEO of TradeGuider and he will extend the USD 995 price for 1 week after our June event.

Let TradeGuider and Man Investments be your compassas to steer you through the world market financial storm.

Have a profitable week ahead,
Bill

2:48 pm - KLSE Market Outlook by Bill Wermine

Dear Traders,

Next week 24 May Saturday is our monthly Traders Club to be held at Phillips Training Room at 10 AM to 12 PM. Speakers include Mr Teo, analist from Jupiter Securities who will give his technical outlook and current opportunities. We will also play a segment of a DVD from Larry Levin an S & P trader from Chicago as he shares his favorite Candlestick pattern. We welcome any one with something to share. Please contact me or Martin if you wish to contribute.

Market Outlook

Above is a weekly chart of the Australian Dollar futures contract as traded on the CME. It tells a lot about the state of the world economy. On friday it traded above the 95 level. IT appears to be on course to test 100 or parity to the US Dollar an all time record high. This shows the dollar will weaken. I know everyone is bullish the US Dollar now but the chart says another story. Listen to what the market is saying about it self- not what others are saying about the market.

The Australian dollar strength reflects the out of control money printing by world central banks in their frantic effort to prevent a world stock market collapse and economic recession. This money printing has resulted in asset price inflation of grains, metals, oil and stock prices as world investors are receiving negative real interest rates on their fixed deposits. THis is why there is a rush to buy real assets. The Australian dollar reflects the strong metal and coal prices as well as other natural resources which Australia has

As long as Bush is in power expect more of the same. Bush and his chronies will lie and attempt to mislead you that everything is wonderful- that their is low inflation, housing prices are near recovery, they are winning the war in Iraq, no recession, low unemployment, credit problems solved etc.

He has the talking heads on CNBC and Bloomberg to act as his cheerleaders. These are the mouthpeaces of the financial power structure on Wall St.

Gold is an asset that has no counterparty risk and is the ultimate inflation hedge. Despite massive efforts by central banks and the Bush administration to hold down the price of gold. gold broke a major resistance Friday at USD 900. The price of Gold does not lie unlike the politicians who would lead us down the path of distruction of our financial assets.

What is the answer ? If you are not able to actively trade commodities, currencies and stock futures continue to invest in Man Hedge Funds- especially the Aussie Dollar Hedge Fund. It continues to perform- up 8 % this quarter and you get the currency gain to boot as well as a proven inflation hedge. Man will soon be launching a new Eclipse fund so get your funds ready. If you invest through me, you will get your sales charges rebated.

I expect the KLSE to gradually recover in line with other world markets as long as Bush and his plunge protection team- Helicopter Ben and Paulsen keep printing money. as well as other central banks. Stick with high quality dividend payers for now. This is where smart money will put their assets.


Have a good week ahead
Bill

PS PLease let me know if you wish to attend next weeks traders club as seats are limited.

Also TradeGuider will soon launch their new upgradewith some
amaizing features- the upgrade isFOC to TG Owners. I adv ise our recent graduates to check out TG- it can pay for itself quickly

5:48 pm - Soros Sees Additional Market Declines After Temporary Reprieve

By Katherine Burton

April 3 (Bloomberg) -- Billionaire George Soros called the current financial crisis the worst since the Great Depression and said markets will fall more this year after a brief rebound.
``We had a good bottom,'' Soros said yesterday in an interview in New York, referring to the rally in stocks and the dollar after JPMorgan Chase & Co. agreed to buy Bear Stearns Cos. on March 17. ``This will probably not prove to be the final bottom,'' he said, adding the rebound may last six weeks to three months as the U.S. moves closer to a recession.
Last summer, worried about market disruptions that started with rising subprime-mortgage defaults, Soros, 77, returned to a more active role in managing the $17 billion Quantum Endowment Fund, whose profits pay for his philanthropic projects. Quantum returned an average of 30 percent a year before Soros started using outside managers in 2000 for much of his money.
He also decided to write a book, his 10th, ``The New Paradigm for Financial Markets'' (Public Affairs, 2008). Released today online, the book explains the causes of the current meltdown, a crisis he says has been in the making since 1980, and the trades he put in place this year to protect his wealth, much of it in Quantum.
Soros has bet on declines in the dollar, 10-year Treasuries and U.S. and European stocks. He expected foreign currencies to rise, as well as Chinese and Indian equities. The latter bet helped Quantum return 32 percent in 2007. Quantum's returns this year have ranged from up 3 percent to down 3 percent.
`Heightened Uncertainty'
The euro has climbed 7.5 percent against the dollar this year and the Japanese yen has gained 9.1 percent. These and other currencies may continue to strengthen, he said.
``There is an increasing unwillingness to hold dollars, though there's a lack of suitable alternatives,'' he said. ``It's a period of heightened uncertainty.''
Federal Reserve officials dropped their benchmark interest rate 2 percentage points this year to 2.25 percent, and Soros doesn't see that they can lower the rate much further, given the weak dollar.
``We are close to the limit,'' he said.
As for his wagers on developing markets, Soros hasn't abandoned his holdings in India, even with the 22 percent drop in the benchmark Indian index this year.
``The fundamentals remain good,'' he said. He is less certain about what will happen to Chinese H shares, which trade in Hong Kong.
Credit-Default Swaps
Credit default swaps -- a way to bet on the creditworthiness of a company -- may be the next crisis area because the market is unregulated, and it's impossible to know whether counterparties can meet their obligations in the event of a bond default. The market has a notional value of about $45 trillion -- or about half the total wealth of U.S. households.
Soros recommends the creation of an exchange with a sound capital structure and strict margin requirements, where current and future contracts could be traded.
The cause of the current troubles dates back to 1980, when U.S. President Ronald Reagan and U.K. Prime Minister Margaret Thatcher came to power, Soros said. It was during this time that borrowing ballooned and regulation of banks and financial markets became less stringent. These leaders, Soros said, believed that markets are self-correcting, meaning that if prices get out of whack, they will eventually revert to historical norms. Instead, this laissez-faire attitude created the current housing bubble, which in turn led to the seizing up of credit markets and the demise of Bear Stearns, Soros said.
To avoid a super-bubble in the future, Soros said banks must control their own borrowing. They must also curtail lending to clients such as hedge funds by demanding greater collateral and margin requirements on loans.
Asked if such moves would make it impossible to achieve returns like those of his pre-2000 days, Soros laughed.
``Since I'm designing these regulations, they would not hurt me,'' he said. ``We made direction bets but we haven't used leverage'' like the $25-to-$1 borrowing that brought down John Meriwether's Long-Term Capital Management LLC in 1998.

2:25 pm - Which is better ??? Hedge Fund vs. Global Fund

Dear Investors,

For those of us who understand hedge fund especially Man Fund has a long/short strategies which Global Fund like iCapital Global Fund has a long strategies (correct me if I am wrong).

Hedge Fund results from Man Fund based on month-to-month from Jul 07 till Feb 08

Taking the average 3 funds Series 12 OM-IP 220, OM-IP 2 Elcipse & OM-IP Vision at +6.43% , +22% & +1.65% = + 10%

And now compare to iCapital Global Fund !

If you look closer, icapital global fund manages only +1.57% and it compare itself to MSCI which perform badly.

So, if you looking purely from an apple-to-apple comparison i.e. on performance a fund with a long/short strategies like Man Fund will likely to do better than a fund with a single directional strategy ie long only .

Think about that !

12:41 pm - Here is some reasons why you should be investing in Man Investment Hedge Fund

Man Group Says Annual Profit Tops Analysts' Estimates (Update2)2008-03-27 04:48 (New York)

(Adds fees in seventh paragraph.)

By Tom Cahill March 27 (Bloomberg) -- Man Group Plc, the world's largestpublicly traded hedge fund manager, said annual earnings willexceed analysts' estimates, helped by rising performance fees. Profit before tax in the year ending March 31 will surpass$1.82 billion, the average estimate of 13 analysts surveyed bythe company, London-based Man Group said today in a statement.Man earned $1.3 billion in the previous 12 months. Man Group's flagship $3 billion AHL Diversified Plc fundrose 23 percent from a year ago, beating the 10 percent gain forthe Credit Suisse/Tremont Hedge Index and boosting fees tied toperformance. Man uses the AHL trading system to manage at least$21 billion in total. Peter Clarke, who took over in April aschief executive officer, said the company is ``extremely wellplaced'' for further growth. ``They've had spectacularly great performance with AHL,''said Jason Streets, head of research at Evolution Group Plc inLondon, who has a ``buy'' recommendation on the shares. ``Theinteresting thing is there's nothing about performanceelsewhere.'' Man Group rose 7 pence, or 1.3 percent, to 552.5 pence by8:30 a.m. in London trading. The stock has declined 2.7 percentthis year, the fourth-best performance in the 60-member BloombergEurope Banks and Financial Services Index.

Assets Rise

Man said investors added $15.8 billion to its funds in theyear, while redeeming $10.6 billion. Total assets undermanagement rose 4.6 percent to a record $75 billion, comparedwith $71.7 billion at the end of 2007. Net sales, or sales lessredemptions, were $900 million in the first three months of 2008,the statement said. Net management fee income will rise by more than 15 percentfrom the previous year, Man Group said. Hedge funds typicallykeep 20 percent of investment gains as performance fees. Man saidperformance fees will be ``up strongly over last year and aboveexpectations,'' without providing a specific figure. Streets at Evolution said the management fees and assetsunder management were ``slightly below'' his estimates. He hadprojected profit before tax of $2.06 billion. Hedge funds are mostly private pools of capital whosemanagers participate substantially in the profits from theirspeculation on whether the price of assets will rise or fall.They typically seek clients with at least $1 million to invest. Man, which started as a sugar trader in 1783, raised $2.9billion last year in the initial public offering of its MF GlobalLtd. brokerage unit.

--Editor: Frank Connelly, Mike Anderson

12:41 pm - Here is some reasons why you should be investing in Man Investment Hedge Fund

Man Group Says Annual Profit Tops Analysts' Estimates (Update2)2008-03-27 04:48 (New York)

(Adds fees in seventh paragraph.)

By Tom Cahill March 27 (Bloomberg) -- Man Group Plc, the world's largestpublicly traded hedge fund manager, said annual earnings willexceed analysts' estimates, helped by rising performance fees. Profit before tax in the year ending March 31 will surpass$1.82 billion, the average estimate of 13 analysts surveyed bythe company, London-based Man Group said today in a statement.Man earned $1.3 billion in the previous 12 months. Man Group's flagship $3 billion AHL Diversified Plc fundrose 23 percent from a year ago, beating the 10 percent gain forthe Credit Suisse/Tremont Hedge Index and boosting fees tied toperformance. Man uses the AHL trading system to manage at least$21 billion in total. Peter Clarke, who took over in April aschief executive officer, said the company is ``extremely wellplaced'' for further growth. ``They've had spectacularly great performance with AHL,''said Jason Streets, head of research at Evolution Group Plc inLondon, who has a ``buy'' recommendation on the shares. ``Theinteresting thing is there's nothing about performanceelsewhere.'' Man Group rose 7 pence, or 1.3 percent, to 552.5 pence by8:30 a.m. in London trading. The stock has declined 2.7 percentthis year, the fourth-best performance in the 60-member BloombergEurope Banks and Financial Services Index.

Assets Rise

Man said investors added $15.8 billion to its funds in theyear, while redeeming $10.6 billion. Total assets undermanagement rose 4.6 percent to a record $75 billion, comparedwith $71.7 billion at the end of 2007. Net sales, or sales lessredemptions, were $900 million in the first three months of 2008,the statement said. Net management fee income will rise by more than 15 percentfrom the previous year, Man Group said. Hedge funds typicallykeep 20 percent of investment gains as performance fees. Man saidperformance fees will be ``up strongly over last year and aboveexpectations,'' without providing a specific figure. Streets at Evolution said the management fees and assetsunder management were ``slightly below'' his estimates. He hadprojected profit before tax of $2.06 billion. Hedge funds are mostly private pools of capital whosemanagers participate substantially in the profits from theirspeculation on whether the price of assets will rise or fall.They typically seek clients with at least $1 million to invest. Man, which started as a sugar trader in 1783, raised $2.9billion last year in the initial public offering of its MF GlobalLtd. brokerage unit.

--Editor: Frank Connelly, Mike Anderson