FKLI 15 mins Chart @12.45pm 19 Aug 2010

FKLI HIGHER AT MIDDAY BOOSTED BY CASH MARKET

The FTSE Bursa Malaysia Kuala Lumpur Composite Index futures contract on Bursa Malaysia Derivatives traded higher at midday in line with the firm cash market, dealers said.

At noon break, the August 2010, September 2010 and December 2010 contracts were up 9.5 points each at 1,395, 1,394.5 and 1,393 respectively, while March 2011 increased eight points to 1,393.
Turnover stood at 4,937 lots while open interest totalled 18,766 contracts.The underlying index was 5.52 points higher at 1,391.03.

FKLI Recommendation / Options

Intraday Positions Take Profits @1400 +/- Level

Open Positions Place Trailing Stops To Ride Your Profits

Those Without Positions .....

Intraday Too Tight Range

New Overnite Positioning Not Advisable

Better Wait For RED FKLI

Wait For Next Boat ........