Talking Stock With The Doc

This Blog has been created for the purpose of sharing my ideas on investing on Bursa Malaysia using Technical Analysis. Stock market investing is a science & TA a scientific tool used by investment professionals. TA also has its sceptics but this is an oportunity for you to follow TA based investing ideas. So welcome to my blog and may you "Live Long And Prosper".

Friday, February 16, 2007

FKLI Doji Evening Star - Correction Again?


Just a short post. I noticed a Doji Evening Star at the close on Thursday. Could be a sign of indecision or correction because it opened with a gap up & then a perfect Doji. Confirmation is only if the futures opens below 1260 & stays below it in the morning. If it opens above this or goes above this then the doji is invalid. It is worth shorting the market with a close position if it goes back above 1260.