A Frantic Day....too much frightening swing.

The financial market gave everyone a 30kg punch this morning not only in Malaysia but also in the Asia-Pacific region.
Can you imagine everyone were stiil bullish thinking the market has stabilise after Wall Street overnight recovery of 150.38 points.
no,..the market were hammered by mid-morning.out of the blues.
What the hack..! I received a K.O in round 1.
The swing was a bitter pill to swallow.Is it another 2nd round of panick...?
C'mon,the Dow Jones Futures is the main culprit.Again,the market shows no mercy.These rogue market makers are real contrarians.They have the 1st hand news,by the time you know it it's too late to respond unless you wish to be strip naked again leaving you with banana leaves to cover!Don't think that fundamental news are good,already price in from the overnight GAP-Up in price.Sooner or later the gap will be filled up again.

@@@@@Hey......!! Did you hear about the new Mike Tyson computer.It has 2 bytes and no memory.


THIS IS HOW TODAY'S CANDLESTICK FORMATION


The Morning Range:
The early high of 1330.0 happens at split seconds at the opening bell.

Today is THURSDAY.
See the candlestick below.
Does it match?





AN APRIL FOOL'S GIFTS FOR THE MARKET FOOLS.


The MDEX FUTURES index MUST not break Support 1.Otherwise we will be in deep shit again.So is BURSAMALAYSIA.

AUGUST CONTRACT ON 30.7.07 WAS AT 1361.0
TODAY IT IS 1272.0
YOU SEE LOSS OF 89.0 POINTS.
THIS A REAL BLOODBATH.

ANYWAY,WAIT FOR THE 3RD CANDLESTICK TO DETERMINE ITS REAL DIRECTION.SO NEED NOT WORRY AS FROM EXPERIENCE THE HIGHEST TOTAL POINT LOSS WAS THE CHINA'S TURMOIL IN EARLY MARCH WHICH IS AROUND
100.0 POINTS.










*A man cannot discover new oceans unless he has the courage to lose sight of the shore.*

*Those who do not learn from the lessons of history are doomed to repeat them*
(Abraham Lincoln)

*Wealth is the product of man's capacity to think*
(Ayn Rand)