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Globex 11-19-08


outstanding projections: long term (weekly) 812-13... 5 and 15 min 854.00 (unless 869 is touched again)
Be advised that closing ticks were plus 939, hinting at a large decline coming within 2 trading sessions(could always be from higher prices of course). Im basically bullish from yesterday,but expecting one more solid push lower
just the answer I was looking for KOOL about the tick
Shorted @ 855.50
Covered @853.75
54 was 5m proj from high...we will see if it bounces it
Thanks VO.. Watching.
pp 53.50
they also opened it with a gap @ 66
Hello,room! working off of a proj 5 min chart to 847.75 and then 846.00. order to sell 854.75.... well, im trying to be bullish and the market is too(yesterday was an up day!), but declines outnumbered advances! And then theres those closing ticks....sigh... so we will see!
shorted 854.75
by the way, this is the expected bounce from the (page one) 846 level. the fact that it was exceded by 5 ticks lends validity to my statement about lower projections ahead, in my opinion. dont forget about the gap at 866 tho. currently 1 min proj is 852.75 where the 5 min avg is hanging out ,but i dont like to trade the pit open volitility generally