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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
908.75 would be 161.8
out the other long at 906.00 plus 2.25 one one and 3.5 on the other! now up nicely
ill sell 907.50
but one only
NOT SURE WHAT I DID,, but im short 1 from 907.25and just stopped at 909.50 looking to nail another short tho 911 area
200% = 11.75, 261.8% = 16.25
daily 50sma = 930ish
Vo, you ever get a 915.25 projection?
ok, gotta buy i guess
s @ 909
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!