Tuesday, June 23, 2009

9:31 am - FKLI gap down as DJIA lost its wing to fly higher !


4 comments:

  1. Jonathan10:24 AM

    Don't you think its time for FKLI to reverse after hitting the Weekly S2 ?

    ReplyDelete
  2. If the trend is strong, s2 may not hold at all.

    ReplyDelete
  3. Jonathan11:22 AM

    Good point. I entered a Long at S2 with a stoploss placed in case S2 does not hold.

    ReplyDelete
  4. Jonathan11:27 AM

    The other thing is Weekly s2 for CPO looks to be holding up too. I also have a long position there with a stoploss placed. (1/2 my normal position size)

    ReplyDelete