Today KLCI correction seems healthy and likewise to FKLI.
My Blog List
Monday, March 31, 2008
Sunday, March 30, 2008
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)
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)
Friday, March 28, 2008
KLCI Weekly Review 080328
Tide: Weekly Chart indicates the tide has yet to change direction.
Wave: Daily Chart indicates overbought.
Wave: Daily Chart indicates overbought.
Thursday, March 27, 2008
KLCI Review 080327 & Next Action Plan
The trend reversed on 17-19/Mar, confirmed by 21/Mar, 24-27/Mar uptrend on price and volume.1232 level has been the support level on 26-27/Mar.
Next resistance is 1288 level. Very crucial one.
It seems safe to long on weakness now, till 1288.
Just in case, if too itchy, take have some appetizer before 1288. Ha Ha Ha.
Feel (Few?) Good News
Well done LGE! We rakyat feel very syiok reading this kind of news.
The Star Online Thursday March 27, 2008
Orders for new cars cancelled
PENANG: The Penang Government has cancelled an order for five new Perdana V-6 cars worth RM623,000 which were ordered by the previous administration for its exco members.
Chief Minister Lim Guan Eng commended all the new exco members for agreeing to continue using the existing cars to save the rakyat’s money.
“The cars have not been delivered yet. So, we have managed to cancel the orders without incurring any losses for the state.
...
The Star Online Thursday March 27, 2008
Orders for new cars cancelled
PENANG: The Penang Government has cancelled an order for five new Perdana V-6 cars worth RM623,000 which were ordered by the previous administration for its exco members.
Chief Minister Lim Guan Eng commended all the new exco members for agreeing to continue using the existing cars to save the rakyat’s money.
“The cars have not been delivered yet. So, we have managed to cancel the orders without incurring any losses for the state.
...
Wednesday, March 26, 2008
Money really can't buy friendship, can it?
Before:
BEIJING, Nov. 26 (Xinhua)-- China Guangdong Nuclear Power Group(CGNPG) and Areva of France signed an eight-billion-Euro (11.87 billion U.S. dollars) civil nuclear energy cooperation deal on Monday, according to which the French company will help build two reactors in Taishan City in southern Guangdong Province.
After:
Tue Mar 25, 5:29 PM ET
BEIJING, Nov. 26 (Xinhua)-- China Guangdong Nuclear Power Group(CGNPG) and Areva of France signed an eight-billion-Euro (11.87 billion U.S. dollars) civil nuclear energy cooperation deal on Monday, according to which the French company will help build two reactors in Taishan City in southern Guangdong Province.
After:
Tue Mar 25, 5:29 PM ET
PARIS - French President Nicolas Sarkozy suggested Tuesday that a boycott of the opening ceremony of the Beijing Olympics was a possibility — the first world leader to raise the prospect of punishing China over its ongoing crackdown in Tibet.
Tuesday, March 25, 2008
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