KUALA LUMPUR ON THE ROAD

A normal scene spotted in Kuala Lumpur, "Jump Queue" to another lane if one lane is slow moving during traffic jam.

The gentle drivers are giving signal, then only turn their sterling to change to next lane. Some drivers are just turning their sterling suddenly for another lane without any signal light on.

Are Malaysian "Kiasu" on the road ?

My bad experience happened few months back where a car following me bumped into my butt. The energetic guy with 20's driving a honda sporty car, followed me closely, bumper to bumper, to avoid the "Jump Queue" from next lane during traffic jam. He ended up bumping on my boot. Who's fault in this case ?

Hope that, as Malaysian, we do practise the caring driving skills for the welfare of community.

DURIAN SEASON IN MALAYSIA

Durian Season in Malaysia again. Durian stalls are found at many road sides. It is a paradise season for Durian gourmets.

It's a pity, Durian is not my cup of tea. Not much i can tell about Durian.

DRAGON FOUND IN JOHOR BAHRU, MALAYSIA ?

DELICIOUS PORTUGESE GRILL FISH AT MID VALLEY, KUALA LUMPUR

Hunt for delicious and budget lunch while shopping in Mid Valley, Kuala Lumpur ?

SPICY PORTUGESE GRILL FISH WITH ONE PLATE OF WHITE RICE
Variety of Portugese Grill Fishes, price around RM 7
Located at No. 8, Oasis Food Courte, Second Floor, Centre Court, Mid Valley

CREATIVE SHOPPING BAGS AS DECORATIVE LAMPS

Spotted at Centre Court of Mid Valley Megamall, Kuala Lumpur.

DOW JONES (DJI) FORECAST

Refer to the downward sloping line at left, it denoted the downtrend of DJI. At the near bottom of left downward sloping line, DJI made a shot up to break up this line. Technically, it made a break up which is a turning from downtrend to uptrend in short term. The left box was the short term uptrend after the break up.

Refer to the downward sloping line at right, which is the current situation. DJI made a break up lately. It shows DJI may repeat the same as above. The box at right hand side, ie. the near future term, DJI is likely to go upward.

MALAYSIA SALE - A ONE STOP WEBSITE FOR MALAYSIA SALE & DISCOUNT

Today is Friday again. Some may start to figure out where to go for shopping spree over the weekend.

Attached screen snapshots are the websites which contains shopping & discount information in Kuala Lumpur for shoppers to plan. They are http://everyday.com.my and http://offerstation.com

Enjoy your weekend.

TM (4863) - START TO TAKE OFF

Malaysia Stock Market keeps correct for the last few months, hardly to find a counter which is heading upwards. Most of counters are heading downwards or sideway.

Here we found a counter which is heading upwards, ie. TM (4863).

DOW JONES - IS CORRECTION DONE ?

The concern of subprime fear on economy resulted  Dow Jones Index (DJI) loss 283 points loss for 24/7 market day, which was translated into a negative sentiment on economic outlook again.

But looking at DJI Chart, It had broken the downward trend line (sloping downward trendline) in past few days rally. It does normally denote the change of direction, which is from downward to upward in this particular case.

If this turning point is strong enough, DJI may repeat the pattern shown in the left box, which shows the next wave is higher than earlier wave pattern.

And the most important is, for every small wave correction, it took around 4 market days to complete. Using this to translate today correction, DJI may srping up again in somewhere around end of next week, ie. somewhere around thursday or friday.

Then the next wave will be higher than current wave.

If DJI is dropping below 11,000, the above theory is no longer applicable, which denotes a breakdown, a serious correction ahead.

APPLE INC.

Technically, APPLE Inc. is heading $150 (24/7 closed $ 159.03). It is likely to find support at $ 150, and then bounce up.

IOICORP (1961)

Technically, IOICORP (1961) finds a support at RM 5.25 level.

KNM - POTENTIAL HEAD AND SHOULDER

Potential Head and Shoulder Pattern found in KNM Intraday Chart. It may be the peak of recent play.

BANENG PLAY GAME OVER ???

Up to the minute of this update, we found out BANENG has losing its momentum today, the 3rd day bull ride.

Chances of BANENG pulls back is much higher than further advancement.

KNM EX TODAY

KNM closed at 5.15 yesterday, divided by 3 = 1.71.

With 1.71 reference price, it is now gaining 0.06 to 1.77. Theoritically, deriving back pre-ex price, it should be 1.77 x 3 = 5.31.

For those who bought KNM yesterday at 5.20, are break even now. For those who bought at lower than 5.20, are sitting on some profit.

This is the profit of BONUS EX play.

KNM BONUS EX - TRADING OPPORTUNITY

Last day to buy KNM for BONUS Entitlement, half an hour more to go.

KNM Bonus Ex Date : 23/7/2008
Ratio : 2 for 1

Buy today, and sell tomorrow ???