Saturday, February 21, 2009

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.

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