***** 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: Oct 17, 2005

Monday, October 17, 2005

Trade #12 is in the money - Trail stop to 920.5

Trail stop to 920.5

3:39 pm - Trail Trade #12 stop lower to 922.5

2:56 pm - Cash mkt turning down. Daily MACD cross down today


The Cash Mkt does not look good. This is the first day where daily MACD cross down. It wud take some time for it to cross up.

2:52 pm - FKLI hit a vaccum - Drop from 921 to 918.5 low

Trade #12 stop is trailed lower to 923.5. Shud be in the money soon.

Rgds,
-martin-

12:02 pm - FKLI hits low of 921.5

Trail stop to 925.0

11:34 am - Trade #12 is short at 922.5

Short position has been triggered. Stop loss at 928.5

I am only concerned if today closed above 925.5/926.0

Rgds,
-martin-

10:33 pm - Ready to short at 922.5

Trade #12 is for short.

10:14 pm - if FKLI breaks 925.5 or higher ...

Ready to turn long if it breaks 925.6 or higher above the daily pivot.

10:04 pm - Look like FKLI is heading another sideway mkt.

I wud like to see FKLI break 922.5/922 to take short position.

Rgds,
-martin-