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ES 12-8-08


GM Traders

Daily PP: 856.25
Weekly PP: 861
Monthly PP: 881
POC: 829.75

R1: 895.75
R2: 918.75

60m: 933, 980.50
15m: 910, 914.50, 922
doesnt mean 911 cant be breached but its coming soon!
mypto appears that you and I have diff trading styles
highest Volume bar of the day sits at 06.75 to 08.75....so this is obvious key area..no YM hour high test...YET!
quote:
Originally posted by myptofvu

l@906.50 no real reason



nice entry myptofvu
bailing
mypto i missread your post...sorry bout that
stop be
908 death zone ...
Again longer term(60) min cycles clearly show the rally going well into tomorrow
COURSE ILL PROBABLY DIE OF BOREDOM BEFORE THEN ,IF WE DONT BREAK SOON!
How true Kool..the way I look at is if the market only trends 30 % of the time ( and that's probably generous) then we need to make most of our money on counter trend trades unless you are the type who can take many losses and win on the trending 30 % of the time...I can't
quote:
Originally posted by koolblue

you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!