Monday, June 25, 2007


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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From Dragons and Bulls by Stanley Kroll
Introduction and Foreword
The Importance of an Investment Strategy
5 The Art of War, by Sun Tau (circa 506 BC) and The Art of Trading Success (circa AD 1994)
That's the way you want to bet
Long-term v Short term trading
Technicals v Fundamentals
Perception v Reality
Part 1: Winners and Losers
Part 2: Winners and Losers
Sun Tzu: The Art of War
Those who tell don't know, those who know don't tell
Why there is no such thing as a "bad market"
The Secret to Trading Success
The Experts, do they know better?
Risk control and money management
Larry Hite: The Billion Dollar fund Manager
Systems Trading:Kroll's Suggested Method
Buy the Strength Sell the Weakness
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system