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Globex 10-08-08

Well,looks like i missed some fun after i left around 3! Tip to all my es thread friends, I have gone over and over it and i keep coming up with the same scenerio,longer term. We are soon to make a low, a major low and it looks like OCT. 14-15th! Doesnt mean we cant go up today, tonite ,whatever, just means the 'huge' cycle will bottom then. O/N the shorter term, closing ticks are still very high indicating continuation of the decline. I do feel that Charter Joes 993.00 square of 9 is going to come into play tonite or ,hopefully tomorrow. Im so sure of that, that i am putting in oco orders to buy 2 es at 993.75 , with a 4 point stop., and a bracket to take profits at 1003.75. GTC.i can change or modify when i get home from work around 6:30 am. Be ready on the 14th,gang, for a potentially huge profit potential on an options play!
HANG tough, pal... youll be rewarded
HERE WE GO! backto 1011? waiting for proj.
And the number is..... 1012.50 (unless we hit 1029.50 again!)... Makes sense cause the 5 min. boll. avg is at 1011.75 and rising
15 min 89 period avg is 1010.17 and rising
IM bailing at 1013-14 just to be safe!
no worries , mate. 15 min. now on a sell
peak is here at 7:53
going to run now till at least 8:13-15! stopped and down 5 on the day...
long one from 1034.50..
Originally posted by koolblue

going to run now till at least 8:13-15! stopped and down 5 on the day...

Hey Kool,

I'm seeing 8:15 also. Question though-the 5 min says it could be 10 mins later than that, which one do you go with?
out at 977.00.. wow im up 0.5 handles ...and i feel like ive been run over by a truck! Ill watch the open unless 957-8 appears first