FCPO1001A - Take profit @ 2513.

Total profit = 16 points X 10 lot X RM25 = RM4,000.

FCPO1001A - Trail profit to @ 2500.

FCPO1001A - Change profit to @ 2525.

FCPO1001A - Park profit target @ 2500.

FCPO1001A - Long Oct 10 lot @ 2497.

Deflation period kick-in..... your bank will call back overdraf soon.

7-point case for "soft-core deflationism" in 27-Jul-2010 :


1) There is no recovery; there won't ever be a recovery
2) The de-leveraging period will be longer and harder than people
expect...leading to spells of deflation and double...triple...dipping 3) The feds will fight it with every weapon available
4) However, they will not push the 'nuclear button' - wanton, reckless money printing - until the bond market cracks
5) It will not crack soon, because the feds are incompetent; they will not succeed in getting higher rates of inflation; at least, not soon.
6) The dollar will remain strong. Bonds will go up...for now...
7) The Dow will fall...but not below 1,000...probably not below 5,000

Start a new posting in FKLI & FCPO and charge.

RM200 for FKLI weekly call and
RM400 for FCPO intraday call.