I was trying to use the JNCIA and JNCIS study guides but looks like there are some changes between JunOS 8.x and 11.x in the way how static LSPs should be configured. There is an interesting post on 0x8847.net about the static LSPs that I am going to try.
http://www.0x8847.net/2011/08/juniper-mpls-vpn-static-lsp/
http://www.0x8847.net/2011/08/juniper-mpls-vpn-static-lsp/