KLCI long term, break down formation, stop loss at 900-930

are we heading 750. ? there is

one way to find out, but there might be a also a price to paid, ahem...the rewards is good, the risk is also great, i closed my eye, cos it influnce me....

fkli mth end sideway, RSI + mov avg

final 30 min profit taking fkli

chart S&P 500 might hit 680, fkli chart might hit 750 by using Fibonacci analysis

‘Dow Theory’ Says Worst Isn’t Over for U.S. Stocks as YRC Falls
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By Eric Martin and Cristina Alesci
Feb. 21 (Bloomberg) -- A 125-year-old method for forecasting the market is telling investors the worst isn’t over for stocks.
Dow Theory, which holds that simultaneous moves in industrial and transportation shares foreshadow economic activity, indicates the Dow Jones Industrial Average’s drop to a six-year low yesterday may presage more losses.
The Dow industrials slumped to 7,365.67 on concern the deepening recession will force the U.S. government to bail out banks. Adherents of Dow Theory say the 30-stock gauge will fall farther because the Dow Jones Transportation Average has slipped to the worst level since September 2003.
“When you have that confirmation in both legs, that’s clearly negative,” said Ryan Detrick, senior technical analyst at Schaeffer’s Investment Research in Cincinnati. “There’s some validity to Dow Theory.”
This week’s retreat left the Standard & Poor’s 500 Index, the benchmark for U.S. stocks, within 2.3 percent of breaking through its Nov. 20 low to the worst level since 1997.
Citigroup Inc. and Bank of America Corp. declined the most in the Dow this week, losing more than 31 percent, on concern shareholders will be wiped out through nationalization. General Motors Corp. had the third-biggest slump, losing 29 percent on concern about its solvency. General Electric Co. dropped 18 percent to $9.38, becoming the fifth stock in the average since last year to sink below $10.
“The direction of the market is clearly down,” said Richard Moroney, who manages $150 million at Hammond, Indiana- based Horizon Investment Services and edits the Dow Theory Forecasts newsletter. “We’re holding a lot more cash than we normally do.”
‘Clearly Down’
Dow Theory, created by Wall Street Journal co-founder Charles Dow in 1884, argues that transportation companies are harbingers of economic activity. The transportation gauge slipped below its November nadir in January and has kept retreating. YRC Worldwide Inc. and JetBlue Airways Corp. fell the most this week, losing more than 27 percent.
Dow Theory is showing that “the bear market is in force,” said Philip Roth, the New York-based chief technical analyst at Miller Tabak & Co. “It doesn’t tell you whether it’s going to last another year or another day. It isn’t a forecaster of magnitude, just direction.”
In November 2007, one month after the Dow industrials and S&P 500 surged to record highs, Dow Theory suggested the rally was over. The S&P 500 went on to tumble 38 percent in 2008, the most since 1937.
Bullish Strategists
The Dow Theory signal goes against all 10 Wall Street strategists tracked by Bloomberg, who on average project the S&P 500 will end the year at 1,059, a 38 percent gain from yesterday’s close of 770.05. Almost $800 billion in federal spending and the cheapest valuations in two decades will spur the rally, the strategists say.
The S&P 500 is a better indicator of the market’s direction because it has almost 17 times more companies than the Dow average and uses market value, not share prices, to determine company weightings, said Roger Volz, New York-based senior vice president at Hampton Securities Ltd. and a technical analyst since 1982.
The index would probably plunge to 681 should it fall below the 11-year-low of 752.44 reached in November, according to Volz. His chart-based techniques include Fibonacci analysis.
“I don’t think we get out of the woods for 14 months,” he said. “The destruction is severe.”
To contact the reporters on this story: Cristina Alesci in New York at calesci2@bloomberg.net; Eric Martin in New York at emartin21@bloomberg.net.

fkli struggle up

fcpo chart, getting weaker, buyer final line of defend at 1740

fkli rebound

fkli support busted

fkli 905

big day fkli

djia rebound is over , sit tight for the down trend speed

fkli

support cracked

fkli support level

股票投资

股票投资
股市对态度正确的人是金矿，对态度错误的人是坟墓。那麽，什麽是股票投资的正道，又什麽是股票投资的“左道”？很简单“左道”就是在股市投机。“正道”就是从商业的角度，依据基本面进行投资。股票投资者如果一开始就对股市存着错误的观念，以为可以在股市快捷致富，那麽，他的下场，几乎肯定是悲惨的。如果你以为股市是个做无本生意的地方－－可以靠“对敲”致富，而且上了“对敲”的瘾，那麽，你已患上软骨症，永远站不起来。如果你存着一种想法：可以击败股市，那麽你是自讨苦吃，因为你已成为孙悟空，永远跳不出股市这个如来佛的手掌，最後必然是来也空空，去也空空。而导致“左道”投资者无法抬头的最主要原因，是因为股市的游戏，是“零数游戏”（ZERO SUM GAME），是因为不存在的价值，最终一定会消失无踪，是因为财富的创造，必须建立在价值的创造上。作为经济的一部份，作为商业的一环，股票价值不能无中生有。无中生有如果存在，也只能是昙花一现，－－晚上开花，太阳还没有升上来就枯萎了。股票市场，实在是个天才的发明，但是，演变到今天，已逐渐变质，成为最大的赌场－－大马百万的“股友”，美其名为“投资者”，实际上，绝大多数是“赌友”－－抱着“搏一搏”的心理进场，股票是筹码，跟它所代表的资产和业务脱节。“赌友”们的普遍态度是“管他是好股还是坏股，只要会起，就是好股”。大部份人不了解公司，也没有兴趣去研究，他们把重点放在股市，不投向公司，投向股价，不投向基本面。我目击数以万计的PN4/PN17公司的股东，亏掉了数百亿令吉的血汗钱，而其中绝大部份是散户。我发现散户们在股市一错再错－－屡战屡败。我为他们惋惜。

klse fkli support at 879

876-880 pressure down