KLCI's failure to hold 1490

It looks like KLCI could not 'de-couple' from the global market meltdown for long. This morning the KLCI fell 30+pts in line with the fall in regional markets. KLCI opened at 1,490 and continue to fall, breaching support after support. 1,470 support the index for a short while but sellers continued to pile in. It would likely be better to cut losses now for the selling pressure appears very strong.