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ES 10-15-08


Coming into the day session down 2. Good luck all!
short one at 959.00, 3.5 stop , for a quick scalp
Here are a couple of things to keep in mind for today. A negative 50% IB extension is 51.0 and we turned at 51.75. Yesterday we fulfilled an unfulfilled 80% rule to 1056 from 10/8 and have an unfulfilled 80% to the 940 area from yesterday. A sq 9 is at 946 and the negative 100% IB extension is 40.75.

In addition to the Bernanke speak at 11:15 CT we have the Beige Book release at 1:00 CT and the Fed's Kohn speaking at 1:00 also.
tnx, Prest.. covering
out at 956.00...plus 3 there
short again...953.00 (one only)..looking to cover at 947.50
hanging tough... 5 point stop ..looking for the low around 11;50-55
This could go all the way to 17 before they'll buy it. You think they're huntn' now.. dare me to cover here. heh
selling one more here 957.25, stop on both 960.50
Covered short @ 957.75 +10. Its taking longer to get 10points...
getting close to the expected low.. ill cover at 954.25 if given the chance
rich, from ttt, and i have a buy limit on the spx at 0001

at this rate we might get filled tomorrow