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ES 11-20-08

here we go!
ok i feel better now
man- i am only waiting for 809- I am +9 for the day no need to push it
big money has now gone flat (net Es contracts) for the day
ill buy 792.75 for a bounce
so they distributed into this runup...interesting thanks prestwick
again id like to see test of low failure - wishing
long 2@ 792.75 just after 2-3 handles
exit just below all the avg's ...795.00
bingo.. out on both at 795.00, 2.25 twice.. now up 14.0..watching
Originally posted by VOwater

prestwick where did your BAV end up

Here is how it finished VO. Notice how big money (white line) really sold hard on the break of 772-770 around 14:33? At the same time small money (brown line) started to net buy heavily. I rarely see small money's conviction outweigh the conviction of big money, ala today. Bigs look to have done some covering into the close. That 770-72 area should be watched tomorrow if we test it as it is likely that big money will try to defend the sells they started there unless some news changes the nature of the market.
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