Wednesday, May 31, 2006

11:35 am - Trade #20 for June contract executed on 28 May stopped

There was a long signal last Thur - went long at 913.5 and got stopped out before 5 pm at 911.5.

The DJIA had another +180 pts drops. Market gap down extreme. The system got me out before disaster struck.

Think of going short at this point for June contract. The short signal is on. Long to short at pullback from high to minimize loss.

Thursday, May 25, 2006

12:33 pm - FKLI is undergoing bullish divergence soon.


Besides, the June contract is at 14 discounts.

Wednesday, May 24, 2006

9:59 am - FKLI MACD have crossed up. Long signal is on.

Trade #19 is on. Trying to get in at 924.5

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

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.

Tuesday, May 02, 2006

9:55 am - Trade #14 long at 943

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