Wednesday, April 23, 2008

5:19 pm - FKLI closed at 1299.5


Well, it did not closed above 1300. I suppose it is ok.

4:10 pm - FKLI closed 1300.0 ???


FKLI has a breakout pattern today ! My prediction high for the morning was 1297/1296.0. I am happy if FKLI can close above 1300.0

3:45 pm - FKLI has broken 1300 resistance.


This is the day I was waiting for. Profit taking will set in now.

10:10 am - DJIA fell to last support 12700.


If DJIA does not break support @ 12,700, we wud see higher DJIA and higher FKLI.

9:26 am - FKLI is strong despite DJIA selldown -105 pts.


FKLI touches low @ 1282.5. Projected high today 1296.5