Wednesday, February 25, 2015

A case study in bad management

FKLI 15 min, on the downward track now...

FCPO 15 min.

Where did the trend up start?

A quick stab into the higher highs, that was that...

Tuesday, February 24, 2015

FKLI futures 15 min, on the up...

Monday, February 23, 2015

A short squeeze on 5 min FCPO to usher in the Year of the Goat

Tuesday, February 17, 2015

Gong Xi Fa Cai to all my followers. May your journey in the markets be a smooth one.

Monday, February 16, 2015

MBSB earnings cross RM1b in FY14, boost from deferred tax assets - Business News | The Star Online

They managed to swap an apong into another mini wok. Until next time when they cnanot repay this new loan, the next debacle comes up...

Friday, February 13, 2015

A nice move off the long squeeze....

Thursday, February 12, 2015

FCPO 5 min squeeze fires off long...

After Anwar conviction, Bar Council chief says Malaysians live in a strange world

KUALA LUMPUR, Feb 11 — "Glaring anomalies" in the conviction of Datuk Seri Anwar Ibrahim for sodomy is feeding suspicions that his case was one of political persecution rather than criminal prosecution, Malaysian Bar president Christopher Leong said today.

Although acknowledging it was too early to comment on the Federal Court's decision to jail Anwar for five years on a charge of sodomy yesterday, Leong pointed out that Anwar's accuser, Mohd Saiful Bukhari Azlan, was not prosecuted despite the decision to prosecute the opposition leader for consensual anal sex.

"It is notable that Datuk Seri Anwar Ibrahim was not charged under Section 377C of the Penal Code for forced sodomy or sodomy rape, although there may appear to have been some allegation of coercion made in the proceedings.

"This has also given rise to questions or concerns as to why the complainant, Mohd Saiful Bukhari Azlan, who was alleged to have been a participant in the act of sodomy, was not charged for abetment under Sections 377A and 377B, read together with Section 109, of the Penal Code," Leong said in a statement today.

The Federal Court that yesterday upheld Anwar's conviction under Section 377A had said that consent was not an ingredient of the offence. Mohd Saiful alleged that he was forced into the act by Anwar in 2008.

Malaysia's apex court also decided that Mohd Saiful was a "credible witness", concurring with both subordinate courts that his testimony was reliable. 

Leong also noted the rarity of prosecution using the laws that criminalise "carnal intercourse against the order of nature", which include both oral and anal sex,

"Given this, it is remarkable that Datuk Seri Anwar Ibrahim has been prosecuted and convicted twice for an alleged offence of sexual acts between adults wherein the charge does not contain elements of coercion," he added.

"These glaring anomalies fuel a perception that Datuk Seri Anwar Ibrahim has been persecuted, and not prosecuted."

Anwar's conviction yesterday has invited questions over Malaysia's judicial independence, with US and Australia leading the criticism of the decision to send Anwar to jail over a charge that he vehemently insists is a political ploy to end his career.

Suspicions were fuelled by the timing of a press statement issued by the Prime Minister's Office affirming Malaysia's judicial independence minutes after the Chief Justice Tun Arifin Zakaria announced that Anwar's appeal was rejected and while the court was still in session.

The timing prompted Anwar to excoriate the court for "selling their souls to the devil" and "bowing to the dictates of the political master", in the process becoming "partners in crime for the murder of judicial independence and integrity.

The Federal Court yesterday upheld the Court of Appeal's 2014 ruling that had reversed Anwar's acquittal of sodomising former aide Mohd Saiful, also sentencing him to five years' jail.

Anwar will now lose his Permatang Pauh parliamentary seat as the law bars anyone fined over RM2,000 or imprisoned more than one year from serving as a lawmaker.

The decision also leaves the Pakatan Rakyat federal opposition pact without a leader.

- See more at:

5 min squeeze...

Wednesday, February 11, 2015

30 min FKLI futures, breakout...

UNISEM, RSAWIT, CIMB. 2 out of 3 is not bad...

10 min FKLI, sideways dead in the water...

Monday, February 09, 2015

30 min Crude Oil futures....long @52..

Sunday, February 08, 2015

View from street level

Ipoh tau fu fah @Wong Kee. More value than Funny Mountain.....

Friday, February 06, 2015

Thursday, February 05, 2015

Crude oil to resume the 30 min uptrend?

Tuesday, February 03, 2015

Monday, February 02, 2015

Australia: Champions of Asia

Labels: ,

On the up...... HSI

"There is the plain fool who does the wrong thing at all times anywhere, but there is the Wall Street fool who thinks he must trade all the time."J Livermore Manchester City FCl Crude Palm Oil


From Dragons and Bulls by Stanley Kroll
Intro 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/a>
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
Good advice
The 'good bets' business by Larry Hite
Don't lose your shirt
Ed Sykota's secret trend trading system