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ES 8-22-08

Greener pastures? Maybe. I'm putting on the Ritz today and calling not only there not being a gap fill, at least in the morning session, but that we'll test and win 81.75 and see a high of at least 1285.75, and it'll be met at 12:45 PM.

A gap fill into the close seems likely in a certain weekend sell-off investors still learly and day traders principled.

Trading in Sunday's session in all probability will try to retrace to the upside starting the B wave and the opening range Monday will be decided from the bell selling was unfinished after letting bulls clean up bit; after which, a test and loss to this morning's low of 72 will jump start bulls to begin the bonafide third wave of the first impusle wherein 3 premium prices en route to correcting 1441 will ensue.

By Tuesday's afternoon session I expect to see prices near if not at the run's high. Third waves are fashioned by everyone already having shorted, short-covered, scalped, made their money driving prices to value and calling brothers to tell friends to call their brothers and friends to buy. It'll be on. Show up, and make some money.

{DISCLAIMER: None of The Above May Be True But May Be Permitted And Possible}


Good trading, all.

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holding for stop and reverse at 1285.75
Looks like a stop run
83.50 for a bounce, hopefully.

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Don't drink and trade.
got the 84.50...will try to hold last two as long as 89.75 doesn't get volume coming in....78 will be last target if real lucky today..huge divergence in Dow and S&P....will make downside a harder grind
whew! all that work and im up 1.5 for the day on completed trades.3.5 stop on my i es long
What's SPQR stand for? s&p quick riches?
p.s. hope this is not too off topic
Senatus Populusque Romanus: Latin Acronym for "The Senate and the People of Rome". It's a metaphysical ideal I nearly gave up on, with the rest of Christianized Western civilization.

Anyway there you have it.
could it be we close at that 1290.50 magnet?