So far so good

Dow dropped 70 points on Friday bringing the index lower than its Wednesday's low, sub-wave ii of its wave (ix) is still being formed.

FBMKLCI is also trying to complete sub-wave ii of its wave (v). No immediate danger at this moment.

Farms Best Bhd (0.58 sen)

Operations : Poultry farm operation, procession and distribution of poultry products and property development.
Last quarter earning : 3.1 sens per share
Net assets per share : Rm 2.77

Since completing its mega wave (1) in 2009, Farms Best has been forming a complex mega wave (2), a A-B-C-D-E wave form. It is highly possible that mega wave (2) was completed by end of August (last month).

I like the uniform pattern formed by the five mini-waves 1-2-3-4-5. Hopefully that is the starting of the mega wave (3).

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