It is weird that cash stay -6 pts loss but on the last min, cash catch up.
Bollinger Band is narrowing and watch out for the spring next week either up or down.
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Friday, November 11, 2005
11:13 am - Trade #14 is against short term trend
Ready to tighten stop when I need to as I am trending against short term trend.
10:58 am - FKLI selldown again
Short FKLI at 888.5 for Trade #14 after the failed reversal to go uptrend.
Stop loss 893.5
Stop loss 893.5
9:55 am - Always best to buy after 10 am
Need to wait the news and short covering or long to settle and the trend wud persist.
9:36 am FKLI MACD has crossed up
Be ready to go long for Trade #14 at 892/893. Wait for the price to turn up. Do not buy when it is falling.