KLSE Daily: recovered from the day low

Market eased off after covered the full gap left over on 12-15 Sept, 2008 at 1037-1040. It then managed to recovered from the day low to end in positive territory. Looks market may continue its consolidation and correction mode in near term. We now look for the upside resistance at 1064-1068. For downside, support is pegged at 998-1001.