ES 12-10-08

GM Traders running behind

Daily pp: 896.75
POC: 903

out @ 887.00

WOW, GOOD GIRL! Kickin my butt,(so far!).. up 4, but with a good one here!

so today is fed day?

FOMC day is 12/16. Futs roll tomorrow. 886 is -50% IB extension and sq 9.

covering

I don't know if you watch Bloomberg (feeds over the internet) but on the Taking Stock show with Pimm Fox, he had three analyst on in the last 4 days and they all are predicting the Dow @5000 and S&P @450 by mid 2009. Pretty grim

Treasury budget # is due at top of hour

thx, guys for the info!..covered 889.00..plus 5.75 there ..up 9.75 and watching.. yeah tomorrow im trading March

on the 5 min a cycle low should be here about 5 after 2?

YES tURK ,I SAW THAT TOO , Partly why i bailed on my trade