5:30 : Wish you a Happy Hari Raya Haji for our Muslim investors & traders !

10:02 am - VADS is progressing well.

Let's see how high can it go !

9:35 am - CI Futures had a change of guard i.e. a reversal

Yesterday FKLI had a reversal, are we seeing a reversal for KLCI ?

Note: FKLI i.e. the futures market is the leading indicator for KLCI.

The high of today has taken out the high of yesterday.

KLCI retraced to 61.8% - normal retracement.

5:35 pm - Biz Week today had a trading buy for KNM Group

Interesting, STAR Biz had a trading buy at RM7.05 as at Dec 13.

Remember only buy KNM is break above RM 7.15 based on chart.

Chart of the Week : VADS showing 18 L/C

Volume for VADS is building up a bit. Nice little blue chips companies. Worthwhile to take a look.

10:21 am : Fund managers in Msia

Media wud release news that all fund managers are on leave due to holidays and trading volume is going to be low.

Hari Raya Haji holiday on Thursday, 20 Dec 2007. X'mas holiday on Tuesday, 25 Dec 2007.

If you are going to buy and accumulate good quality shares, better do it in the week of the holidays mood.

Fund Managers that had collected all their monies during the last few months and get ready to buy on first trading of the year in January 2008.

Let's see if this is true for 1st of trading Wed, 2 Jan 2008 ?

10:03 am - KNM has a change of guard yesterday and buy confirmation today.

Chk out the stock today. If break RM7.15 and above, can buy.