Going into the close, the locals were 'shorting' the market resistance at 2975, some are now caught with the short covering in the last few seconds of trading.. you win some you lose some.

Genting Bhd +0.21 today...

2012 London Olympics -- China wins second straight gold medal in men's gymnastics gold medal - ESPN

http://espn.go.com/olympics/summer/2012/gymnastics/story/_/id/8215021/2012-london-olympics-china-wins-second-straight-gold-medal-men-gymnastics-gold-medal

A case of bears getting claughtered, bulls get fed..

Spain out of 2012 Olympics soccer tournament.

In trading, the saying goes, "You are only as good as your last trade". If you want to be a big trader trading thousands of contracts in a month, this may well happen to 95% of those who try.

A trader's ego is the 'hidden enemy' from within. I was commenting to my fellow trader on the possibility that the FCPO market had 'capitulation' Friday lunchtime, with the stale longs liquidating contracts in the morning at 'whatever price'. The response was, "Really? But seems to be still downtrend, with heavy selling and bearish data..." Price action is king, the trader's opinion is rubbish.

FBM KLCI 60 min...

Sun Yang, Ryan Lochte, di Franceska

2012 Olympic photos: Rowan Atkinson portrays Mr. Bean at opening ceremony - National London Olympics Scene | Examiner.com

http://www.examiner.com/article/2012-olympic-photos-rowan-atkinson-portrays-mr-bean-at-opening-ceremony

Was chatting to my trader friend, he was mentioning MBSB as the stock of the year... My candidates for 'Stock of the Year too, but just have to include KGB as well...

ECB to do 'whatever it takes' to preserve the Euro

Aussie dollar, in risk on mode...

H&S on the 5 min..

Hopefully the horse can continue to run. FBM KLCI in correction.... But wonder why many are 'bearish'... who knows, they could turn out to be right in their 'prediction'. One thing to bear in mind, 'prediction' is not a strategy that works with any degree of probability...

Highly ridiculous

Another reason to register your protest vote against the BN Government, isn't it highly ridiculous that car prices are not determined on a commercial basis by the manufacturer, but by meddling customs or government people?

Manchester City FC Tour 2012 - event in Kuala Lumpur - My Destination Kuala Lumpur

http://www.mydestination.com/kualalumpur/events/73183969/manchester-city-fc-tour-2012-30-july-2012

FCPO gap filling...

KLCI turned out to be the taiko, as per my trader friend...

Well, from this day onward, best just to do selective trading on this contract... Nothin good to say, best not to open the mouth.

FCPO futures..... so much for the 'hot' weather...'decimate the corn crop" or is it a case of "it ain't over till the fat lady sings"...

Confirm the theory that klci is the leader?

Els Wins British Open After Scott Crumbles - NYTimes.com

http://www.nytimes.com/2012/07/23/sports/golf/ernie-els-wins-british-open-after-adam-scott-crumbles.html?ref=ernieels

Bradley Wiggins wins Tour de France and helps Mark Cavendish take 20th stage in Paris - Telegraph

http://www.telegraph.co.uk/sport/othersports/cycling/tour-de-france/9418782/Bradley-Wiggins-wins-Tour-de-France-and-helps-Mark-Cavendish-take-20th-stage-in-Paris.html