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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

If we can break 893.50 I should see my 888

ok I give up on 888.00 next pull back Ill go long
5m has a failed new low
stop order long 898.75
i could be wrong , but i they they smoke this trendline and rush higher
buying 898.00

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Originally posted by myptofvu

stop order long 898.75

exited half 901 holding till 904
thanks koolblue !

good work myptofvu !

908 may be optimistic ... lol
next stop 5.75
nice trade
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!