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Globex 12-12-08


Well obviously I missed something news worthy...
TRIED TO COVER ONE AT 853.00 TO REDUCE RISK BUT NO FILL!
VO, remember my analysis at the end of the day and reminder about 856? now that was good work! i smell abotom somewhere around here!
out one at 853.00, up 1 and now down one for the session, looking for 856, exit in at 855.00
dam, well heres my 850.50 number!
if 850 doesnt support this market then well probably see the 828-833 zone i gave
VO, CHECK YOUR E-MAIL WHEN YOU GET A CHANCE. LET ME KNOW IF THE LINK WORKED.
You see the target if this butterfly plays out...Look how the abc extended perfectly within 1 point of the 161.8% up there!

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UGH TRAPPED IN A TRADE... PUT O/N A BRACKET WITH A STOP AT 849.00 AND ORDER TO COVER AT 855.75... THATS IT FOR ME . SEE YA IN THE MORNING!
I wished I had recognized this earlier, but the "big picture" sometimes gets lost for us daytraders...theres no way to trade this (unless your bruce) except with options
quote:
Originally posted by koolblue

UGH TRAPPED IN A TRADE... PUT O/N A BRACKET WITH A STOP AT 849.00 AND ORDER TO COVER AT 855.75... THATS IT FOR ME . SEE YA IN THE MORNING!



YEAH FOR KOOLIO! I see we hit 55.75
flat and selling 60 area I hope