Monday, January 22, 2007

Market Commentary

The KLCI closed high at 1157.85 with some 1.4077 billion shares traded.

There were 586 ups and 316 downs. The bulls were in control from the opening bell.
The uptrend is likely to continue.

Onastel closed at 1.34 with a marubuzo white candle. Volume traded at 31,891 lots is above average. This is a bullish sign.

Writer disclaims all liability for his comments.