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ES 12-31-08

GM Traders

Daily PP: 882
R1: 895.25
POC: 879.50

globex gaps: 893.75, 891.25
bigs haven't given up yet - net plus 15200 now
so ill be selling 900-901
the actual 1 min proj is 900.75, thats where my order is going...
closed that out at 99.25....this is a bore - a- thon
lotta vol at 900.00! the sharks will smell that for sure!!!
I trade CFD's with CMC Markets ......and I trade the S&P index on there!!

I have been been scalping a point or two at 10-15 point contracts........ I have shorted twice at 901 region and closed at 909.8 region!!

I am currently short again at 902.4.......

I don't believe we are going to break higher before the New year....I am surprised it has rallied this far!!
I like 903 - 905.50 if it was a normal day
do use for 1min. projection 898 as high,
L is 896,25 correct?
peak anytime between now and 4 more min!
by the way I am from Manchester, united kingdon ............

I assume you are from the US?

It is currently 18.00 here...
happy new year everyone