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ES 12-24-08


GM Traders

daily pp: 864
POC: 863.75

60m: 905 / 849.75, 830.50

globex gap = 859.75
PROJ APPEARS TO BE 861.75 BUT I ALWAYS JUMP EARLY ,JUST IN CASE! stop has to be above 866.25 ..ill explain later!
1 min avg is 862.75 and rising ,so itll have a little trouble there..if it gets that far! have to respect the upside for reasons VO and i already laid out!
It looks like the 10:41 bar gave the same projection up that the 5 minute 10:00 A.M. bar did...(around 865 to 865.50)
happens all the time friend .. i call those confirmations..
too nervous short tho, ill jump around 863.00
dam, had to take 863.25 cause i missed 863.00 due to posting..again!!!
I'm sure that someone has already noticed this, but, on the SPX cash, the high from October, 2007 to the low in March, 2008, projects the November, 2008 low within one third of a point - now that is almost scary! LOL
plus 1 on each ..now up 11 and change...
ok time to trade! i think i explained the last two trades and how my twisted brain thinks! you get the idea!...watching
quote:
Originally posted by PDQ

I'm sure that someone has already noticed this, but, on the SPX cash, the high from October, 2007 to the low in March, 2008, projects the November, 2008 low within one third of a point - now that is almost scary! LOL

lol, yes some one noticed... look in the old archives
Thanks Kool....Speaking of Santa, I need to run....Thanks for all the great information and everyone have a great Christmas!