Friday, May 02, 2008

5:21 pm - FKLI closed lower -2.5 pts @ 1280.5




At this junction, it is difficult to tell if FKLI is going up or down. I believe FKLI need to move sideway before going higher.


1:50 pm - FKLI is waiting to go up !


There is a good support @ 1274.0. Here is a look at 4 hrs chart.



9:46 AM - DJIA is poised for higher closing and uptrend.


DJIA has build a support base @ 12700-12800. This is a medium term support for DJIA.

9:31 am - FKLI gap up due to +189 pts up by DJIA.


FKLI is set to go higher in align with the regional. Think of going LONG !