FKLI 4th Sep 2009

As yesterday,
no position hold for overnight
overnight position closed, losses 3.5points/lot
intraday position covered, losses, 3 points/lot

Results,
3 safe, 0 con, 14 losses, 7 win.
Average -31.5 points/lots

Outlook,
uncertain on direction.
possible rebound. resistance at 1181.5

strategy,
still prefer to short in below 1181.5
if FKLI>1181.5, stay out, market possible to turn bullish
if FKLI <1181.5, prefer to hold short.