Monday, December 7, 2009

FKLI 7th Dec 2009

As yesterday
short @1266.5 established. cut loss at 1271

Results,
3 safe, 0 con, 17 losses, 9 win.
Average -34 points/lots

Outlook,
Yesterday, support levels at 1265 break, next is 1265.5, 1254.
further break lower shall indicates more selling pressure.
currently, short is preferable, cut loss prefered at 1279 or 1283

Strategy,
cautious, short if not break above 1277

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