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!
1 min boll avg 833.00 , 54 avg is 838.10...5 min boll avg is 839.25 and 54 avg is 847.50..long one from 829.00
Did you see that,Vo? hit our 828.00 number from yesterday and turned on a dime! I suspected as much and was posting when it happened so i took a market fill
i noticed indeed
covering
i usually erase #'s from the chart when they are done but for some reason I left that on
out at 834.25,plus 5.25 now up 12.25...watching
damn it! I was supposed to be long @ 30
only up 6 here - still early
yeah, the way i figured it, we were so oversold that no way it could carry to my 818 or your 806, so it seemed logical 828 would be the turn. And since it went down more than it should have ,i fidgure the rebound will be far more than it should be also.
shes fightin the 1 min avg at 836.50, but she'll win it ang go to the 5 minboll at 837.50... probably take that out too in time
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!