5:58 pm - Trading Pivot for 19 June 2008

For FKLI

For FCPO

5:19 pm - FKLI closed below 1200 at 1199.0

If FKLI gap up, sell !

4:49 pm - FKLI finally broke 1200 and going for 1190

4:12 pm - FKLI is recovering in the later part of afternoon !

Took profit today at the low and thinking to go short at higher level !

10:49 am - There is a follow thru on the short side for FKLI

There is a volume in today bar ! Maybe we wud crack 1200

10:01 am - FKLI going short !

FKLI closed below 50 MA on a hourly chart.

9:03 am - FKLI gap down to S1 @ 1215 due to DJIA losses.

It's resistance is at 1221.0. Think to short at this level.