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ES 09-09-08

Here's some sq of nine S/R #'s I am looking at today....


sold 1235.75
Covered long @ 38.5 +6.00 on that one I love Sq of nine and MP.
Whats a 'naked' point of control,as opposed to a regular poc?
Generally the market trades at the previous days POC when it dosn't it leaves an untouched POC to act as greater S/R in the future called a naked POC.
Gotcha, thx.Covering 1234.00
Yippeee!...flat on the day(minus commissions tho.)
cool....we both took opposite sides and both made it.
I'll be a buyer again at 25.
Some great moves in the market this week so far!
yeah, only cause i played a 4 point stop.But you know, i feel pretty good. Since i joined this forum i was calling for a decline into this time frame, and so far , at least its coming to pass. I also called for 1217(almost dead on) 1211 and a marginal new low (1177). I just wish i could trade better LOL!
Bruce if you split the red lines it called the high i.e. 1261 sq root +.125 squared = 1269.89 RTH high was 1269.5