5:39 pm - Finally, the FKLI is crossing down.

Today is the end of the year 2006 trading. I believe I had a good year in trading. Trading returns is almost 60%. I believe the systems work. Cut your losses fast and let the profits run.

Have a good year for 2007 and make sure you have a trading goals ready for 2007.

Happy New Year.

I am think to go long at this stage. Wait until market re-opens on Jan 3, 2007

5:11 pm - No long position triggered as the 7 bar line change happens at 4-5 pm.

No position taken.

5:09 pm - Trade #19 is triggered short at 1071

Stop out at 1062. Profit +9 pts.

4:56 pm - Trade #18 is stopped out at 1062

Profit of +9 pts.

9:55 am - Update : Trade #18 triggered long at 1071.

Stopped out at 1082. Profit +11 pts.

9:53 am - Trade #17 stopped out at 1067.

Update : Short trade #17 works well +23.5 pts

4:37 pm - Trade #17 is triggered short at 1090.5

Stop loss now at 1097.5

1:07 pm - FKLI drop 50 points due to no buyer at the bottom.

Trade #15 is out at 1100.5 Profit +9.5 pts.

What a interesting morning to begin. At 9.26 am and within a span of 2 mins. from 1105.5 it drops to 1050 and went back to 1105.5.

Explanation : The market is getting very bearish at the top.

5:18 pm - FKLI hits 1100 and trading at 12 pts premium.

Trail stop to 1091.5

5:01 am - FKLI has gone way, way premium

Almost 11 point premium now. Trail stop to 1090.5

4:52 pm - FKLI hits high at 1097.0

Trail stop to 1088.5

2:29 pm - Trade #15 is long at 1091.0

Stop loss at 1083.5

2:25 pm - Trade #14 stopped out at 1070.5 for Dec contract

Profit +9.5 pts.