FKLI 2nd Dec 2009

As yesterday
no position established.

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

Outlook,
if FKLI now break below 1261 and 1254, i think FKLI should be continue with upwards wave count on extension count.
another observation is FKLI must hold above 1281 at any time during trading session. else, it's possible is just rebound wave count at wave 2 or wave B.

strategy,
long, cut loss at 1260.