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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
Originally posted by myptofvu

l@899.75 due to hammer candle

1 min chart

took off half at 1 point stopped @ entry on the rest
Nice VO!
I think the ultimately want those 89's and 81's today....but when?
i cant get anything going today
If we go that far, Bruce then i would think closing tick influence would be active and we'd go a lot further!
come to papa!!!
not getting it today- down 3 points
covering one half at 898.00 to reduce risk
bingo, out one at 898.00 and the other 902.00
l @ 98
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
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!