ES -10-14-08


Well, my long awaited initial target at 1060, has been achieved(and exceeded). Im expecting higher prices,but mind ful of the closing ticks on the nyse yesterday!
I'm short from the 52's....hopefully I won't have to add....42 is target
Short @ 1049.5
my add point would be at the 62 area but hope not to get there
little ledge and key zone at 24 - 25 is secondary target if lucky today...
getting some support(temp) from 5 min 54 avg. at 1046.00
buying one at 1042.50
sold my calls +5.35, buying some puts soon maybe there's 2 gaps this market needs to fill but I think it may hit 1100 first....bought SPY oct 105 puts @ 3.7
filled at 42.50..and 38.75...trying to hold for further....only two left..c'mon 25...!!
ugh...stopped for aa 3 point loss.. up 10.5 now. Final resoulution expected 1033.50-1035 price proj. from the 1067 high.
buying 1033.50, if we make it that far!
4:30 p.m.