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ES 12-15-08


GM Traders

Daily PP: 867
R1: 905
S1: 847.25

Monthly PP: 881
Weekly PP: 877.75
POC: 897.75

60m: 927.75 / 849
15m: 893.75 / 875.75
5m: 886.25 / 874.50

one little globex gap to fill @ 80.25

AND THATS RIGHT WHERE I CHICKENED OUT! LOL
YUP.. THE PROBLEM OF COURSE .. is this is a bear market! and hence it CAN TURN AT ANY TIME! I STILL FAVOR AFEW MORE DAYS TO A WEEK THO. but then the jan cycles will likely begin to take over.
i hope your right and they rally her up...will make my puts purchase from higher levels better
yup..
5 weeks to go for a major low!
C YA TOMORROW!
see ya