***** 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: Jun 5, 2008

Thursday, June 05, 2008

5:02 pm - Very difficult to read FKLI now !


I wud not carry any position tonite as FKLI wants to go up but market is down. Might closed around 1216.0

4:08 pm - Think to go LONG !

Be ready to go LONG and carry overnite !

Take profit at the opening of FKLI gap up if DJIA closed higher tonite !

4:03 pm - FKLI hits 1215.5 our short stop is OUT !


We are out of our SHORT position ! Had a good profit today !


3:22 pm - Very, very strong support @ 1205


Think to go LONG at 1204 ! and short around 1217-1220.0 !

11:30 am - Light Crude oil hits all time last week !


It is going downhill from now ! Tradeguider turns Red and price trend !

10:31 am - FKLI is forming a saucer shape - Bullish pattern !


Wait to short @ 1215-1219.0

9:37 am - FKLI is holding up at s2 @ 1204.5


This is climatic action - Hidden potential buying. Start to think to go LONG. But not yet ! Short higher. Buy at lower.

9:03 am - FKLI gap down almost -20 pts reacting to 40% fuel oil hike !


We are going to test FKLI support @ 1200