FKLI 7th Aug 2009

As yesterday,
no position established.

Result
3 safe, 0 con, 10 losses, 3 win.

Outlook,
Bearish trend in jeapordy
possible to reach 1199 or 1208.

Strategy,
stay out awhile. to see how's the market.

If FKLI < 1183, in 15 min closing, short, cut loss at 1188.
if FKLI < 1170, in 15min closing, short, cut loss previous 15min bar high + 3 points.