Thursday, February 04, 2010

Morning gossip..fkli steady fcpo pullback

DJ -26 after 2-day of big gains and ahead of Fri's employment data.

8.15 : DJ futs +2. Regional flat steady in early trades. NK +26 Kos +3 Comodities mild pullback within -0.5% to -1%. Gold -0.5%.

Fkli- looks set to stuck at 1265-1270 range again. Below 68, is a sell mkt. Above is a buy but can break 70? ..all eyes on fbm action. Quiet seen till HS opens.

fcpo -some pullback expected, soyoil -1.5%, crude oil -0.5%. With no externals help, 2450-2500 remains. Apr10 is seen starting RM10 to RM20 lower, 2470++. Above 2500 is a strong buy signal.

2 comments:

  1. Kan,
    i see that you are very good at technical analysis.just wondering whether u r a discretionary trader or mechanical system trader??

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  2. HI Zac

    mana ada good..cakap aje pandai. Seriusly unlike you all trader out there, i dont think i can call myself a trader but a broker more appropriate.I want to be system trader but being a broker..i tends to tilt towards discretionary..so a bit of this a bit of that..confusing indeed!

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