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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
Just touched the bottom of the MOB.
s @ 13.50
1 off 11
Kool due you have something for buying the pullbacks?
918 high on dailys top of b in abc pattern to down side
l@911.25
MAN YOU MIGHT HAVE NAILED A GOOD ONE VO WICKED NEG DIVERGENCIES O/N THE 5 MIN CHART! IM STICKING WITH 915 FOR NOW THO(15 MIN 'DEADLY)
LONGS OR SHORTRS ...SAME THING ENTRIES ARE USUALLY BY PRICE PROJ OR THE AVG'S
261.8 is powerful
quote:
Originally posted by myptofvu

l@911.25


break even on that one shorting 910
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!