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Globex 11-17-08

Just sold 861.25 after the open and covered at 2.25 on the session, had a proj to that 856.50 but no courage to ride it ouy cause were so oversold here. I expect an important low to be formed this afteroon on Mon. or early Tues. It better,because there is an hourly projection now down to 716 but it will be negated at 904.25. Just got a 1 min proj to 861.50 and put in a sell order there for a quick scalp, since i believe we will see 847.50 at a minimum Mon. I notice the 1 min boll avg is around there also
Originally posted by koolblue

what is it 9:15 we get some numbers coming out?

9:15am USD Capacity Utilization Rate 76.4% 76.4%
9:15am USD Industrial Production m/m
selling 856.75
whoa, shoulda put my order in at that price proj . from long ago at 858.50!
stopped at 859.25 ..loss of 2.5... down 3 for a lousy globex session ... c ya on the ES thread!