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ES 12-26-08

Good morning all! just sold 2@ the 15 min deadly projection of 868.50; Lets keep in mind however that there is an outstanding hourly projection of 871.25 yet to be fullfilled.

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Target Reached !
finally! long 2@ at 865.50
covered one at 867.25 to reduce risk.. plus 1.75 on that one ,now up 5.5 on the day... holing the other for 868.50
These trades are taking a lot of patience, but they are working !
im projecting 864.55 or thereabouts...did i do it right KB?
long 865.
FROM WHERE, FENG? I think all the 1 min proj have now been met....
what happens when they are met? do you make new projections? what is the definition of having them met?
Here is something to look at...

Using Kool's cycle method plus a fib fan+retracement
we get a possible price lineup coming next week. This indicates that there could be a possible big move ie straddle might be a good idea to look into... But Kools cycle is showing a mini'low' so maybe this move would be biased to the upside and there is also an abc pattern before this still not negated...
This is something I just came across, throw some ideas out there what you think about it?

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2008 12 26 toschartsfibfanretracementpluscycletechniqueliningup