Sunday, May 17, 2009

Be Cautious of Speculative Counters

US Dow Jones has dropped almost -62.68, it is possible that KLCI Futures might test the 1000 Support again, should it broke thru. There will be a market sell down.

For those of you who are holding KNM, SAAG, LionCorp, LionDiv, TimeCom and other speculative counters. Be cautious as these Goreng Counters have already lost their momentum and is reversing due to Profit Taking.









The Charts shows that the RSI & Stokastic is weakening. Personally I am not holding them, I only trade futures now.

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