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Saturday, March 29, 2008

Take a look at the Taiko

Corrected Version: My previous post contained errors.
Weekly chart shows downtrend that trying to reverse its direction. Daily chart shows recent corrections were mild and reducing volume (reducing interests to sell..). Expect its price to move up again. KLCI will then follow the DJIA excitement and lagi overbought (or strong bull). 1288 is possible. Have to be patient.
(Meanwhile, can consider long FKLI on weakness)


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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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