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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
The MOB with ADV Get is showing 915 area for the end of wave 5.
I show R2 @ 18.75
916 so9
+ 100% IB 919.75
old singles 915.25-918.0 also. 916 sq 9
s @ 6.50
quote:
Originally posted by myptofvu

l@906.75 just jumped in with a market order too much upside potential here to 911.50



got stopped @ entry..took half at 908.75 though. I gotta learn to be more like PT and have some patience
1 with 9.50 stop
l@908 due to 1 min hammer candle...bad entry due to typing and not watching the charts
something tells me this was ill advised
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!