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ES 12-02-08

WELL here we go! tues ,i expect some rebound action to 840 area and eventually 851, but i have late today or wed as atop so i dont see an extended run up yet! ... keep in mind the market doesnt always listen to me! LOL
How high do you think we could peak tonight?
very interesting indeed
why do you think the peak should fall in the globex???
because the shorter term cycles(like 5 min) show the top sometime 7-8 tonite ,plus if you use the by the book bars(the absoulute low ) on the daily for bar one you get thurs and on the hourly you would get at least an hour into the globex session , and finally ,tonites globex is technically thurs! At least thats the way it will show up on all the charts!
how is tonight globex technically thursday - i am lost :)
oops , i meant wed . MY MISTAKE! look at any daily chart and you will see that the 'day' ends at 4:15 est every day. When it resumes it is always considered the next days trading and thats how it will show up on any charts.
yesterday you said you wouldn't be surprised to see 851 and we did. Nice work.
I am very anxious to see how tomorrow is going to play out