ES 11-19-08


Morning all, coming into the open plus 3.25 from globex.. going to try and be more selective today! got to leave briefly and pay a bill .. back in 20 min or so!
besides the fact they see value lower - i dont have a good handle on the market yet today
sweet - i am up 8 on the day and I didn't take that last spike down.
looking for 10 pts
VO, that 15 min bar that contains 864.50! projects to 835... if we get a good rebound up to 852.50 ill sell it again, otherwise ill consider a buy at 835
even tho its been 'negated; i had a proj from globex around 840.00 ..wouldnt be surprised to see a bounce there
39.25 is also value area low
yep you are right karend- value low area is
39.25
Little bit irritated my short position could've been at 853 instead of 846 anyways no worries all is good.
well the 5m had a low cycle last bar
yup, saw it too, VO!
Will cover my short if this goes @ 842.5
red thanks for taking the time to explain...the next time your checking the thread and you see ol VO steppin in front of a train be sure and HOLLA!