Volatile Week Ahead

The Futures & CPO Market for the last few days have been fair volatile. Up and Downs immediately due to the overnight US Market Performance.

Last night (Tuesday Night) US Market Dow Jones went up 236pts. Hence our KLSE Futures market was following the Running Herd and went up almost to 895. Opening higher 5 points higher than previous closing at 894 and then whole day hovering up and down and finally closing at 893.50.

From the charts it looks like KLCI is now stable and is on the uptrend. However, that is still due to be influence by overnight US and other European markets. Charts now days can go haywire if US over nigh market changes dramatically.

For now, the KLCI Charts shows an Uptrend Sign, Moving Average, Stockastics & MACD is slight up. But it is still best to monitor what's happening tomorrow morning. Real Live Trading & Monitor is still required to track the CI Futures Closely.

A few heavyweight Counters of the KLSE Financial Quaterly Results for Year 2008 will be out this Friday. Expect a Volatile Week ahead.

Everyday as I read the newspaper and Financial News, there are more bad news and less good news coming up. Good Year Retrench 5000 Staff World Wide, a few Japanese Listed Companies is filing for Bankruptcy, US Dow Jones & other World Market are now trading at near 1997 (12 Year Low). Looks like US Goverment is facing more headaches ahead.

Alot of poeple view US President Obama as the next biggest thing after Jesus Christ. And they pray that he can save them from this Financial Crisis. If he fails to succeed, then there would be a massive sell down of the World Market to push the indices even Lower. Can you imagine if KLCI goes down to 450-500 Level?

Trading Tools

If any of you are wondering, what does a good trader use as Technical Analyst Tools. Then I would Suggest Winquote & Metastock.

Winquote is a Live Data Feed Stock Market Tools, which can cover any World Market (Provided that you pay for the subscription) including KLSE, SGX, HSI, US & European Market if you are interested in trading them.

Here is an example of what I see on my World Market Page, this is all real time live data Feed, its not like Yahoo which is 15 Minutes or sometimes 30 minutes late.

As You can see, Dow Jones is trading around 7300, that's almost 10 years Historical Low. Where as Our KLCI has dropped almost 9 points on friday, but futures has drop 17 points, that's means that Futures is more headed Downtrend. And with DJ down another 100 points on Friday night. I expect Today (Monday) KLCI Futures to be more down wards.

Futures & CPO Update for Feb 2009

Its been a while since I updated my outlooks for the market. Normally every year in Feb & March is actually the month where they release the Annual Financial Reports of the Listed Companies World Wide.

2 years ago in year 2007, just the 4th day of CNY, Shanghai Index crashed and caused a big sell out in World Wide market and the market tumbled for a few days.

Last year 8th March, the 308 Incident occured due to the result of the Malaysia Parliament Elections. Crashing the KLCI 15% from 1535pts in the CI to crash almost to near 1200 points.

Its almost a year after that crash, and what will happen this year? I have heard rumours that if there is a big market sell down. This time the KLCI will crash from 880 to 450. And that's very scary. Imagine reliving the 1929 Great Depression again.........

Here are some screen shots of how is the Futures Market and Crude Palm Oil is doing for the pass 2 years now. 1 year ago was paradise for every trader. 1 year later, we are still figuring whether this nightmare is over or not?

If any of you have been trading Futures & CPO, you will notice that its much more easier to earn profits (and make big losses if you are not careful) compared to trading Stock Market Equities and Unit Trust.



KLCI Futures is currently Hovering around 860 to 920.
Crude Palm Oil is Currently Hovering around 1750 to 2050.

Currrently the Margin of a KLCI Futures Contract is RM3,500 per contract.
Crude Palm Oil Margin is RM6,000 per contract.

For Beginners, I suggest putting around RM20,000 as an Initial Starting Capital to trade Futures & CPO.

Futures per point is RM50. CPO per point is RM25. There for if u earned 20 points in Futures, u have earn RM1000. 50 points on CPO would be RM1,250.

Imagine trying to earn that kind of $ thru Equities Trading in the current market Volume now using RM20,000 Capital.

Anyway, do email me at wuipin@streamyx.com or sms me at +6016-8864229 if you have any inquiries.