Tuesday, July 29, 2008

11:08 am - Look at August Contract

If you intend to short, short August . If you intend to long, go for Jul contract.



Here is the August contract, it is breaking down !

10 am - FKLI July is down !

Our long trade was out 1141.5. Luckily FKLI did not drop over 20 pts. Out with a small loss.