***** 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: Mar 27, 2008

Thursday, March 27, 2008

5:10 pm - FKLI closed higher and breaking higher !


Closed at 1255.0


4:18 pm - FKLI look toppish at this level.


Double top at the top.


1:17 pm - FKLI is trying for the 2nd time to crack 1240 & above resistance.


10:05 am - FKLI looks like it is coming down - mushroom shape.


9:36 pm - FKLI gap down and stop out our LONG trade at 1220.5

We are out of our LONG position. Profit +37 pts if we follow the system this time.


Anyway, the FKLI shape is bearish and we might get a burst of upward movement and we shud be thinking of shorting now.