ES- 09-26-08

Ugly open coming.I still believe a intermediate term bottom is forming the last several days. And i would still be very careful trading position trades or puts here.Remember there is strong support 1172-77.

any chance one of you folks could post some charts with your basic setups etc....? I'd like to follow along a bit more but my free IB charts are fairly limited.....it would also help others who stumble along all these great ideas.....

a seperate thread in the trading strategies section would be great...I know it takes time and is probably asking a lot

Bruce

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Originally posted by Margie

look at the bowl on the 5 min!

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pop, you were right with the 1206 target. i also left too early. these 1m cycles at the top distract a lot.

Bruce, what is your email? We are having a chat on Saturday.

Kool, how is 13:00 est for you?

LOve to BRUCE BUT I DONT KNOW HOW! Pop probably can tho, and by the way, pal if im so great hoe come i just got killed for 4 handles.LOL up only 2 for the day. Maybe my analysis is great but not my trading!ROFL

I can't make it saturday pop but will send it to you for the future....thank you

1:00 IS FINE pOP. Do iuse the same url you sent me last time? still have it

Kool, is it kool if I make a little video showing the basics of what you showed me re cycles for sharing here?

buying 1203-4 area .2 this time

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Originally posted by koolblue

1:00 IS FINE pOP. Do iuse the same url you sent me last time? still have it

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That should work, I'll email everyone with it again on sat just incase.

Sold my SPY calls for +.50, bought some SPY 120 Puts Oct and Nov, I'll see which ones do better... ES was at 1205.

Wow what an end to the day!

Joe, you are welcome & thank you for sharing your knowledge here.