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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.
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 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

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