I am new to android development and I can't seem to get it to work.
I have downloaded the Android ADT bundle, which contains:

* Eclipse + ADT plugin
* Android SDK Tools
* Android Platform-tools
* The latest Android platform
* The latest Android system image for the emulator

But when I try to run my project the consol print out:

```
[2013-06-27 12:46:08 - FirstApp] Android Launch!
[2013-06-27 12:46:08 - FirstApp] adb is running normally.
[2013-06-27 12:46:08 - FirstApp] Performing com.example.firstapp.MainActivity activity launch
[2013-06-27 12:46:08 - FirstApp] Automatic Target Mode: launching new emulator with compatible AVD 'MyLG'
[2013-06-27 12:46:08 - FirstApp] Launching a new emulator with Virtual Device 'MyLG'
[2013-06-27 12:46:09 - Emulator] PANIC: Could not open: MyLG

```