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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
1 @ 902.25
flat 904
stuck inside...now the hour range folks need to step up
im not feeling the bull energy...I think bruce might be right
yeah, VO 906.75
adding at 904...not gonna let those mini lows hold on the one minute below the 901
BUYING
L@ 902.50
will add if they run out that hour high..dow trying to lead out today
covered one at 904.75 other 906.00
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!