12:19 noon - Trail stop lower

Trail stop to 1360.5

10:48 am - FKLI moves lower

Trail stop to 1361.0

11:31 am - FKLI cross down and below 50MA - Short FKLI

Sell at 1367.5. Stop loss at 1373.5

10:14 am - Stopped out at 1372.5

No loss or win. +0 pts.

3:42 pm - FKLI going thru accumulation stages

Trail stop higher to 1372.0

5:05 pm - FKLI goes long at 1372.5

Stop loss at 1362.5

10:37 am - Stop out at 1373.5

Profit +27 pts.

3:31 pm - Trail stop to 1369.5

+23 pts in the money

8:53 pm - Trail stop to 1362.0

15.5 pts in the money

3:26 pm - FKLI MACD cross up in the morning

Went long at 1346.5. stop loss at 1340.5

9:20 pm - FKLI turn up and long at 1393.5

Stop loss 1385.5

9:08 am - Stopped out at 1375

Profit +20 pts.

5:17 pm - An update - FKLI cross over on 14 June 07

Long at 1355 and at the current stop loss at 1375. In the money +20 pts.

4:29 pm - FKLI gap down 20 pts due to DJIA +130 drop

I know I cannot get out at this prices so waited till market rebounded and got out at 1360.5.

Loss -9 pts.

2:21 pm - Long 1369.5 after MACD cross up

Stop loss at 1358.0

10:41 am - FKLI for June contracts gap up at this point

FKLI MACD cross up due to gap up is not a good probability trade.

9:36 am - DJIA +116 cause the FKLI to gap up on low volume.

I do not think FKLI can sustain higher on lower volume. Look to short at this point.

10:42 am - Trade #8 stopped out 1332.0

Loss of -5 pts.

9:44 am - FKLI MACD cross up - Long at 1337

Stop loss at 1320.0

11:13 am - Short position is stopped out 1310.5

Profit +29.5 pts.