No, only cpo and fkli.

Yes, you can call me to make an appointment or i can mail you the brochures and the application form

China reports 1st case of swine flu

The euphoria has taken us to the next level. Even myself got it wrong when i saw HSI broke through the psychological level of 18,000. However, i would like to point out that the market is due for correction. How fast it rise will determine how fast it will decline.

Do not initiate fresh longs in FKLI or purchase any stocks for the next week and the half.

My reasons being:

Retail sales not convincing enough
New home sales and SP Schiller Home index are not impressive
Unemployment claims will jump as vendors that work closely with GM, Chrsyler and Ford will reduce expenses including reducing staff
The weakening of the dollar will cause more trade imbalance. Exports in US might be improving but imports to US will be reduced as external demand is weak.
Rising oil prices will dampened consumer mood
Credit card default rising due to new regulation and steeper yield curve
Mortgage applications both refinancing and new will fall due to higher rates.

If you do want to know more of each topic, feel free to call me at anytime.

Actually, the draw was higher because the refiners to not want to get caught offguard if demand does indeed increase over the memorial weekend. The refiners have been reducing its capacity for weeks now. So i dont think it reflects the true supply and demand. Besides rising oil prices will affect consumer sentiment.

US GDP worst than expected

Definitely a bear.

Unemployment claims and unemployment numbers next week.

GDP number was worst than expected, but will be worst next quarter if employment numbers are worst than expected.

Please look at CFTC report on the DOW put/call options.

China pmi up for the third month. Hence the rally.

Might even be 1100 if china's data next week all good.

A market that shoots up vertically is never healthy.

OSK is launching a foreign currency deposit campaign (FD) with very attractive rates. For more information, please email me for details.

Thanks

This is just the beginning for KLCI.

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Added on June 4, 2009, 1:26 amSo how do you guys like your KNM now?

Oil down 3 bucks

This post has been edited by AdamG1981: Jun 4 2009, 01:26 AM