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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
Bingo on the avg! (never the first time tho!)
well , Fridays range at 43.50 was met exactly at 911! this sets up an interesting afternoon!
Heres a joke I came up with with a few years back:

Q: How many Dojis does it take to change a lightbulb?
quote:
Originally posted by myptofvu

Heres a joke I came up with with a few years back:

Q: How many Dojis does it take to change a lightbulb?



A: None, they use candles.
lol
ill sell one at 905.50 and one at 907.50
when they break the 5 min avg at 902 its pretty much a free ride to the 896 proj.
selling
short 2 from 901.50(had to go in at the market! yechhh)
flat at 901.25.....one volume node to the other...

YOU FOLKS MADE SOME GREAT CALLS AND I DON'T ALWAYS HAVE A CHANCE TO CONGRATULATE YOU...ESPECIALLY IF I HAVE AVERAGED IN....SO WELL DONE TO YOU ALL...THOSE PROJECTIONS ARE AWESOME AND I APPRECIATE THE POSTS

oopss..didn't mean to scream it at ya...lol!
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!