ES 10-22-08

HERE COMES FUNTIME!

long at 917.50, 4 point stop. (one only)

WOW, just noticed we never broke the ib today , either way!

@#%$#@%@# thats it , up 13 now , Apparently my price proj. around 905 or so is still in play

buying 2 at 906.25 for a quick bounce only

-50% IB break = 899.0 which conforms pretty well with 901 Sq 9 if we get there

if hit ill probably exit after 2-2.5 handles

quote:

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Originally posted by koolblue

@#%$#@%@# thats it , up 13 now , Apparently my price proj. around 905 or so is still in play

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Sir if u have a minute what was the 905 cycle created from 30 min , 60 min, daily bars ??

Yes, covered at 908.50 ,plus 2.25 twice... up 17.50

Benny , from the 15 min chart , so thoeretically it could be off by one fifteen min bar meaning 1;45 max.(thats why i try to trade off of 5 and 1 min charts.)

I'd like to buy into that as the gap faders will be smoked out....30 point gap so we subtract that from the open of 930 = 900...so lots of folks there today.....hopefully no front running on longs down here...failing down here to push lower will retest 915....

quote:

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Originally posted by prestwickdrive

-50% IB break = 899.0 which conforms pretty well with 901 Sq 9 if we get there

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singles 865.25-878.0 plus sq 9 @ 886