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Friday, June 01, 2007

BJToto


Every where new high. How about KLCI? Still afraid of China crashing?

Looking at BJToto chart, it has closed at the 4 years old time high. Many sellers are waiting at around this region. So, is it going to break to 5.00 and above? Daily charts indicate that there is a good chance. So is it worth to take a bet at the covered warrant? It is still below the striking price but with a gearing of 14x and only 8 cents away.....Hope that it don't turn out like the bet I took with AMMB.

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