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6 comment(s). Last comment by sscheng 2013-03-25 21:18
Posted by sscheng > 2013-03-25 19:09 | Report Abuse
ccs999, if FBMKLCI above 1645, next target 1655. The FKLI may have 5 to 10 points premium of FBMKLCI (Cash market level, and merge at this month-end 29MAR2013).
Posted by ccs999 > 2013-03-25 20:49 | Report Abuse
Hi sscheng, I did short FKLI at 1635? Any advise since market closed @ 1655. Thanks.
Posted by sscheng > 2013-03-25 21:11 | Report Abuse
ccs999, based on the Consolidate Trade Summary Matrix (TSM) for 4 days; Statistics with reference to last done price of 1,655 on 25 Mar 2013 for 4 days = 1,630.10684 is the Weighted Average Price. So it may have a little bit chance it revisit 1632 (25MAR13 morning session high). But today Weighted Average Price is 1,635.97964 (Meaning tomorrow is 1636 level have more chance to re-visited).
Posted by sscheng > 2013-03-25 21:18 | Report Abuse
R&S Levels of FKLI for 26MAR2013: R1=1666.500, Pivot=1644.000, S1=1632.500 (based on previous FKLI [O=1624.5 H=1655.5 L=1621.5 C=1655.0])
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CS Tan
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
ccs999
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Posted by ccs999 > 2013-03-25 19:04 | Report Abuse
Bro, break 1645 already, so any new prediction? Appreciate ur comments. Thanks