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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
905.50 61.8 from H
but not necessarily a big drop... no clue waiting to see what happens!
right 12:26 it was counted wrong but saw the technic thanks
quote:
Originally posted by VOwater

double top would give a mid 90's proj



excellent call VO !
l@904.25 looking for 909
nice call on that cycle Bbrad!
YEAH! VO got 1 right finally!...I will be looking for big picture abc
u looking for a ABC down here
ok... here it is if were going up ,the 15 min says 910.50 min imum and probably 917 and change! (if 896.25 is not breached)
2 pt stop looks like im gonna get stopped out
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!