5:35 pm - KLCI is not ready to go down yet !

Volume is high !

2:38 pm - Foundation Course - Sept 15,16 2008

Dear Traders,

When the news is bad, when doom and gloom is the prevailing sentiment, confidence low and political uncertainty is the flavor of the day and stock markets have fallen dramatically the risk is actually low. Many high quality good dividend paying companies are selling at bargain levels. Even Steve Forbes the billionaire investor spoke yesterday in Singapore that the investment structure in Malaysia is stable and there is no reason to be caught up in panic. The panic will pass.

On 15/ 16 September, Mon and Tuesday we are holding our regularly scheduled Master the Markets Foundation course at my office in Phillip Capital Mgt. The brochure is attached.

Only 3 people have signed up because most investors have deserted the market and are not interested in potential profits to be earned. The 3 investors who signed up are learning some methods to enter the market during this uncertainty when risk is low and few others are brave enough to enter. I congratulate them. We will focus on the method which applies to the current market

Because, Martin and I gave our word that we will hold this course, we will hold it even though we will lose money. In life just as in markets not every trade is a winner and thew show must go on.

Any graduates are welcome to attend FOC (Please bring your notes- if you do not have the notes the charge is RM 20 ) and if you refer a guest, in appreciation I will give you 4 audio interviews CDs by Jack Schwager, who interviews 4 Market Wizards, to those persons who refers a guest. These interviews cost USD 99 and give great insight into professional trading.

Let me know as soon as possible .

Have a good day
Bill

11:50 am - FKLI is testing new low if break 1060.

5:09 pm - KLCI is either forming a triple support or ready to break down below 1060

3:16 pm - KLCI cannot break below 1060

Remember below 1060, KLCI is confirmed head and shoulder pattern. Target is 930.

9:09 am - KLCI is deemed to set to move sideway pending good news from whereever !

8.31 am - Malaysian stocks seen following global markets up

Malaysian stocks seen following global markets up KUALA LUMPUR, Sept 9 (Reuters) - Malaysian stocks are set to edge higher on Tuesday, boosted by hopes that the U.S. government's bailout of its mortgage giants will provide continued respite from turmoil in global financial markets. But dealers said gains could be restricted by some profit taking in financial stocks, such as Bumiputra Commerce ;, which gained 3.1 percent on Monday, outperforming the key Composite Index ; which closed up 0.50 percent. "There is no news inflow on the domestic front, so the market is likely to follow the international trend," said a local brokerage house dealer. "However, we can see some profit taking today, which could check the rise in the index," she said. Dealers said concerns on domestic politics may curb trading as investors await the Sept. 16 deadline set by Anwar Ibrahim, a former deputy premier and now the opposition leader, to topple the government. "Politics has been hurting the Malaysian market all year along, and investors would remain cautious at least until the outcome of this deadline, before formulating their future strategies," said another dealer. Malaysian stocks have shed more than a quarter of their value so far this year as foreign investors ditched Malaysian assets after a March 8 general election significantly changed the country's political landscape.