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Tuesday, March 11, 2008

Special Review on KLCI


Consider this as a kind-hearted warning, and a reminder to myself:
Back to basis, no technical indicators, just support and resistance lines. Despite a 26% recovery today of yesterday loss -126pts, we are not out of the woods yet. Volume for the yesterday and today are just ok, not very spectacular. The chances of testing 1106 support level are very real. Stay out, they aren't cheap yet. Don't buy out of fear of losing out buying opportunity. Market is always there.

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Words borrowed from Dr. Alexander Elder:

Trading is so exciting that it often makes amateurs feel high ...Nobody can get high and make money at the same time.

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