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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
somewhere between 905.00 and 906?
im out be not gonna wait around
correction...904.00 order in at 904.50 to buy 2
kool i have several 15m in the 15 range
dont blame ya!
GM everyone,

Why all the exuberance in the markets? Asia and Europe both up big! Is there some news I missed?
we all know this market dies soon .. closing ticks. but from a cycles standpoint shouldnt be today! tomorrow afternoon at the earliest...FWIW
MARKET IS REACTING TO A SUN STATEMENT FROM OBAMA BOUT HIS 'RECOVERY' PACKAGE
anybody notice the AD line made its H @ 8:50...not confirming these highs
IF THEY WONT LET ME BUY 904 THEN ILL SELL 915-16
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!