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Wednesday, May 24, 2006

Tuesday, May 23, 2006

Monday, May 22, 2006

8:37 pm - Significant of trade #18

After a huge gap down and loss of 10 point for trade #17, the next trade wins its all back (trade #18 is in the money 16.5 pts) . It is interesting that for every trade that you lose, there is another big winner waiting for you.

8:34 pm - Trade #18 is triggered short at 940 on 18 May

Short at 940 when MACD cross down. Today, cash experience its biggest fall. I think there wud be more fall. If short, maintain position, else look to short back at 922.5

Stop loss at 923.5

Thursday, May 18, 2006

9:24 am - FKLI gap down EXTREMELY

My stop at 945.5 triggered at 940.0. Due to 200+ pts loss of DJIA, our cash mkt has to go down. This week saw DJIA lost -500 pts due to higher inflation and FEd interest rate hike.

The bullish days (I think is over) and look for opportunity to short on pullback.

I am clearing all my stock portfolio for clients.

Last Black Monday for DJIA to experience 1987 Oct 10 was -500 pts drop. Are we seeing a repeat ?

Wednesday, May 17, 2006

Monday, May 08, 2006

8:40 pm - FKLI came down close to 957 but my stop at 956.5

I survive for today. I hope to do better tomorrow.

Stop is at 956.5

Friday, May 05, 2006

10:59 am - Trade #15 is long at 951

Stop loss at 947.5

9:27 am - FKLI just gap up due to TNB single share

THE MACD has cross up. Long position is on but waiting for a good entry.

I tried to enter yesterday but did not get my price filled at 945.5

Good entry at 950.0/950.0

Thursday, May 04, 2006

5:17 pm - FKLI abt to cross up.

Cash took a turn and decide to breakout on the last 1 min.

Tomorrow wud be an interesting day. Look to go long on dips provided MACD have crossed up.

Wednesday, May 03, 2006

5:01 pm - Cash appearing to be reversal.


Appear a reversal bar at the top.

5:01 pm - FKLI cross down again.

Look to go for long.

4:28 pm - Trade #14 is stopped out at 944.

Break even trade +1 pts.

9:52 am - Move stop higher to 944.0

Tuesday, May 02, 2006

2:56 pm - Stop at 941.0

9:55 am - Trade #14 long at 943

MACD cross up for May contract.Stop loss at 940.0/940.5

Friday, April 28, 2006

11:14 am - Trade #13 ended with 3 pts profit.

FKLI May MACD had cross down and is trading below 50MA. This is the last day of April contract. Wait for May 2 to trade and signals are mixed.