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ES 12-17-08


whats happening with the ES mini this morning foks??
this thing is just 'riding 'the 5 min boll avg up for 30 min now!
neg divergence still there!
shorting 916:00
s 13.75..
selling 914.75
127.2 = 14, 161.8 = 18.25, 200 = 23, 261.8 = 30.75
will add at 17.50 if needed...so starting smaller....targeting 910's....
that divergence you show on 5 minute Kool shows up as triple divergence on one minute...unfortunately I've seen triple divergence fail too often...perhaps your 5 minute has a better record
order cancelled...watching
910 is the top of the highest volume bar today...so a natural target for me


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Thanks to all the great traders in this forum.
I hope you all have a great '09
God bless......Bye