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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
done...i have 16.25 as a 15m kool
also have 18
quote:
Originally posted by myptofvu

s914.25


stopped out
361.8 = 20.25
short 2 from 916.50 but covering quick.. this late theyll likely run to 922 or more!
covering
one last short @916 then giving up on it
s @ 18
out 915.25 plus 1.25 on each ...plus 37 and done for today
quote:
Originally posted by myptofvu

one last short @916 then giving up on it


stopped out quitting while still ahead
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!