***** Next Master the Markets Foundation Course 1.5 days - Sept 14-15, 2009. Call Dolly at 03 4252 4149 to enroll ! ***** The Importance of Being A "Honest" Trader :-) martin_tf_wong@hotmail.com: Jul 15, 2005

Friday, July 15, 2005

6:37 pm - No Short Signal Plan yet for Monday 18 July 2005

I am not sure if Monday is a sell down day. Anyway, if it cross 50 MA for
hrly chart, it is short day but I think I missed the short entry.

50MA is 914.5.

Rgds,

-Martin Wong-

6:13 pm - The mkt will always do what it does

Never worries what the mkt does, worries what are you going to do next !

Rgds,

-Martin Wong-

6:09 am - FKLI selldown to 915 after cash mkt close

Never regret about taking money off the table. Let someelse worry abt that
problem.

Rgds,

-Martin Wong-

10:04 am : Broker called - Trade #7 & #8 stop out at 922.5

When I look back at time and sales of bid and ask, there were a huge
selldown from 9.19 am to 9.24 am which trigger my stop.

Trade #7: +18 pts
Trade #8: + 4pts

The market gives small profit. If you are happy with small profit and wait
for the big one, it wud come (see trade #7).

I am happy with the trade results for this week.

Rgds,

-Martin Wong-

9:00 am - Trade #7 being riden since Mon.

Do I take profit today ? I do not know. I let the market take me out. As the
mkt close higher, I trail the stop higher.

Rgds,

-Martin Wong-

8:52 am - Friday morning FKLI hit higher - Trail stop higher

Good overnite DJIA closing usually makes FKLI jumpy (do not take this as a
buy signal though)

Rgds,

-Martin Wong-