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.

3:33 pm - Trail stop to 1333.5

2:41 pm - Short FKLI at 1340

Stop loss now at 1344

3:44 pm - Long at 1356 for Trade #6

Stop loss at 1345.0

9:58 pm - FKLI MACD had crossed down

Looking to short below 1347 with a long black bar.

12:54 pm - Mkt getting volatile. MACD did cross down but ...

MACD move back up again, I think this is setting a short position soon.

4:03 pm - FKLI shot back up and stop out at 1354

This is a big loss this around - 10.5 pts.

4:24 pm - Trade #4 is stopped out at 1350.5

Stop out with loss -8 pts.

10:47 pm - Late update : trade #4 is long at 1358.5

Stop loss now at 1350.0

4:34 pm - Short trade got stopped out at 1341.

Profit +8 pts.

2:41 pm - FKLI gap down and sell down to 1335.5 low

Stop loss at 1348.0

12:06 pm - Trade #3 is triggered short as MA is dipped below 50MA

Short at 1349 and stop at 1359

10:57 am - Due to volalitity of market, trade #2 is stopped out at 1356

Loss -7.5 pts.