20070625 1715. FKLI in downtrend. But there was only one setup for the break out of consolidation trade. Comes at the end of the day when 1377.5 traded, triggering a short for a quick move to 1368.5. The only problem was this move was caused by 1 market order. FKLI is an illiquid market with few participants, despite the 10,000+ contract traded today. This underlies the need for the DMA to put more market participants to add depth and liquidity. If Bursamalaysia can use the CMDF to fund the Investor Relations Association (which the errant directors of listed entities may see as legitimising the books cooking in public companies, since "we are members of the IR Association"), why not use the CMDF to fund this very important project DMA to add depth to this market and the equities market in the future? Who knows what the hierarchy at Bursamalaysia is thinking?
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