Today low of 923.5.
Trail stop to 929.0
Monday, August 15, 2005
4:05 pm - Cash mkt did hit below 930. Look at what STAR paper is saying today
FKLI index is bullish this week. Interesting ?
FKLI hit low of 924. Can it go any lower ? I do not know.
Trail my stop lower to 930. At this point, my loss will be -1.5 pt.
Rgds,
-martin-
FKLI hit low of 924. Can it go any lower ? I do not know.
Trail my stop lower to 930. At this point, my loss will be -1.5 pt.
Rgds,
-martin-
3:09 am : FKLI hit low of 924.5
Watch cash mkt if it break 930.0 today. If FKLI close below 928.0, the trend is down for the time being.
10:48 am - FKLI did hit 937 and took out those short position
MACD looks to be crossing down and still below 50 MA. ATR stop is 930.5. Watch this level of 930.5.
If this level of 930 is breached for the third time, this is serious.
Second confirmation Bollinger Band is narrowing.
Trade # 17 is going to be short position at 929.5 or above.
FKLi is breaching 930 for the third time and a good sign to go short.
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