Saturday, July 28, 2012
First trade done : FKLI
KLCI : This is our index now ... going below overbought region and the correction is needed. Went below 20MA now, with DOW up another 200 points, will we be seeing rebound?
This week, we took a short position at 1635 and glad to escape and covered at 1623. It is very volatile and lack of liquidity. We are swimming dangerously with sharks.
Next week, we may see short rebound ... and we should be going long. Will 1620 will be good to sell at 1635? We shall see ...
cohort-7 : Today I will have a new batch of tratles coming in ... and I will be excited to know them.