ZLBT Chats

Wednesday, November 10, 2010

FBM KLCI Futures Inline For Profit Taking? Not yet ? not in my opinion ....

Majority predicts FBMKCI & FKLI will undergo profit takings.
Aaaahhh!!! But ZL belongs to the minorities ..... :P
ZL's FKLI open position 1522.5 LONG x 1
Intraday Target 1530 > 1533. Positional Target 1545,0
The Malaysian stock market has finished higher now in four straight sessions, collecting nearly 20 points en route to a fresh record closing high.
The Kuala Lumpur Composite Index finished just above the 1,525-point plateau, although now analysts are tipping a mild retreat at the opening of trade on Wednesday.
Granted FBMKLCI hit all time high but not FKLI :P
How about corrections AFTER 1535 > 1540?
FKLI Rekomen
(Keep stops handy >>> just in case)

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