Tuesday, February 07, 2006
10:13 am - FKLI continues to sell down
FKLi is having a healthy retracement at this point. But at this point, no short position signal nor setup until 50MA is breached.
10:09 am - Short FKLI after 6 days of uptrend
Yesterday, I shorted trade #17 at 930 just after lunch at 2.33 pm when MACD abt to cross down with a stop at 931.5.
There was a wash up to 933.0 before the 4 pm selldown. Stopped out at 931.5
Small loss of 1.5 pts.
There was a wash up to 933.0 before the 4 pm selldown. Stopped out at 931.5
Small loss of 1.5 pts.
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