After Market Report: 13/5/2008(9.45pm)

Today the futures market move down to 1286.50 in the last couple minutes from 1294.00! it is amazing. i predicted it will go down todays and many of my clients follow my advise(although it went up until 1301.50 early in the morning).

The plantation counters was weak as the CPO go down almost RM 30.00 per Ton. Although the regional market were moving up today, locally the market wasnt looking so good.

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Genting trading at 6.15(should be a great stock to buy, for long term)
JAKS trading at 0.77(will be an acceptable choice if u are lookin for a shorterm investment, 1-2weeks)
Apple-C1 i recommend this one on the white board in my office while it was trading at 0.04, now it is trading at 0.06!!! we are looking at a possible 0.075 in this week if the US market is moving in the right direction!)
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Citigroup-cw(12 months) is going to "release by OSK tomorrow morning!
this chould be a good call warren to watch!
If you believe the World,
and US economy is at a rebound state, then this will be at a great opportunity!!!
Louis suggestion= invest if u are able to hold it over 6 months or so!
(tips: buy after 2months! it should be at lower price!)

Market Analyst: for up coming Monday!

Reason to Bull:
1) Technical Analyst(expecting a small bull market)
2) Expecting Steel making companies is going for another round of bull run, as Malaysia Government will lift the steel price on this Monday. Also the government is going to allow the steel company to export their products oversea.
3) CPO price rise had been pushing the plantation industry for the last week. looking at the chart Monday is likely to be another good day for the CPO market.


Reason to Bear:
1) Bad external, all Nikkei, Hang Seng, Strait Times, and Dow Jones is not looking good at the moment with all gone down on Friday.

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Extra:
1) The steel companies had gain a lot since last week, even before the news break up. Maybe the news was licked before it go to public. So if that's the case then the possibility of Steel maker to push the index up is unlikely to happened.

2)CPO although likely to move up on Monday(according to the chart). But analyst is predicting a down fall of the CPOby the end of the week.

How to trade FKLI?

KLCI is made up from 100 selected company in Malaysia. And now the Index is traded at approximately 1285.00 points.

FKLI is the Future price of the KLCI at selected expired date(last business day of that month).

Each point of CI is worth RM50.00. So the theoretical price of FKLI is some where around RM64,500.00.

However each contract you buy only need RM6000.00. And you can choose to either buy it up(long) or buy it down(short).

This market is a little aggressive. But it is almost impossible to do insider trading as it accumulate a huge market. So it is a fair market.

What's FKLI....?

FLKI is simply the Futures of Kuala Lumpur Composite Index. Following is the link from Bursa Malaysia about some basic details about FKLI.

This is my first post, and i promise u every post that follow it will be almost this long. I hate long stupid no point essay and i believe most people are too. so let us keep it this way. thanks.

You read and understand, if not leave me a messege i will reply you as soon as possible. http://www.klse.com.my/website/bm/products_and_services/derivative_resources/derivatives-klci-futures.html