Friday, January 30, 2009


UEMland had over bought at last 2 weeks. Today, it was finally hit as low as 74 cents. The strong supporting level at 74.5 became as history. So, this counter would not be given you any more profit. Please be careful!!!!

Today KLSE market perform mixed. But I am worry next week will be worst because of: -

a) Last hour trading on today, Resort world faced a heavy sell force.
b) IOI closed at lower altought it was hit the higher level of RM4, but closed at 3.92.
c) Some funds manager manipulated the future index by way of support some index link counter.

Based on the above, i am predict next week have a heavy adjustment on index. Please stay away for while!!!!

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