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Globex 11-18-08


just getting it warmed up for you kool...congrats on a outstanding job today.

1m 43.75 & 42.75
5m 43.75/62.50
15m 828/935.75
1586.50-1406.25=180.25... 1.618x180.25=291.64 ,and 1406.25-291.64=1114.61
I actually use 2.618 as my multiplier and subtract from the beginning of the projection ,but its the same thing!
thanks for the clarifaction
Vo, whats your opinion? You and i have been working off of that 828.00 projection given on the 15 min chart from 881.75 yesterday,right? Do you think that 829.25 hit a while a while ago is close enough to claim victory, or no? IM asking cause the more i study the 'longer term picture, the more it looks uglier!
CURRENTLY , I HAVE 841.50 INITIAL UPSIDE ,FOLLOWED BY 847 , AND MAX EXPECTED OF 852.75.
SOLD 2@ 841.25, .. COVER ING SOON HOWEVER
COVERING 840.25
FWIW. #'s in a few
STOPPED MYSELF OUT AT 843.00.. dont do that often , but it looks like a better oppurtunity is coming soon at 847
down 4.0 on the session(lately globex sucks for me!)
See ya on the ES thread!...watching