20051031 With the rebound today, the CCI shows a buy signal n a 'ghost' pattern (an inverted head and shoulders pattern) Target would be 915, the moving average resistance. 

20051031 3:10 pm. 15 minute chart shows extent of the move up, with the symmetrical triangle breakout being a relible pattern. 

20051031 10:15 am Indicators point up in unison for bullish position. 

20051026 Continuing to retrace up, setting up potential ZLR short when the CCI rejects the zero line. 

20051025 11:05 am Composite Index cash chart. 

20051025 Another day in the retracement up, possibly before the next leg down, however, as the next chart taken at 11:05am this morning, the cash CI chart is showing oversold conditions, so the chances of the afternon rebound continuing for next 2 days is there. 

20051024 Ater the sell signal, the market is now in sideways mode again. Overnight Wall Street went up, after nomination of the new Fed Chairman. See if FKLI can make a meaningful rally. 

20051021 12:15 pm. FKLI is retrcing from the heavy selloff setting up a short signal at 908-910 level, for the retest of the low and continuation of the downside breakout with good CCI momentum. 

20051018 Continuation of downside move, with CCI accelerating beyond -100. Short signal for the adventurous who want to short at discount. Buying at projected support levels for bounces could be a good trade idea too, especially if the discount widens to unsustainable levels. 

20051017 CCI breaks below zero, stopped again. Been very choppy sideways action, making for difficult directionless trading. 

20051014 A second buy arrow comes up on the Simple System. Position traders shuld be long the fkli from here. 

20051014 CCI hooks up, but not sufficiently to take it beyond the previous peak. But is another signal to add to the long position, seeing that momentum is building, hopefully to push CCI to beyond the previous peak. 

2005103 CCI still above zero, so the buy signal is still in effect. If we can get a hook up to break aboe the trend line, willl show an inverted ghost pattern for another buy signal. 

20051012 Lunch session. Buy signal was generated 2 days ago, let's see how this pans out. 

20051007 A rebound day, probably caused by some short covering from the overxuberant selling of fkli (in a sideways cash market) 

20051007 I rustled up a trading system, with simple rules, that can consistently show good result over the last 3 years. Bear in mind that this system has a long bias, so with the general uptrend in the fkli, resulted in good system results. 

20051006 Further downside after a gap today. Turned ut t be a good move to exit the long position. 

20051005 With the CCI hooking down, the long is invalidated. 

20051004 From today's action, CCI shows a buy signal as there is a rejection of the zero line. The 34 ema provides a stop point. 

20050930 FKLI found support at the moving average and bounced off to close near highs, a good sign. CCI momentum however is still not showing strength, however, a hook up will signal a buy for the next leg up.