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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
einstein - IB is the initial balance which is the range of trading during the first hour the pit is open. Traders like to watch for IB extensions as turn points, especially the 50% and 100% areas. The IB today is 886.5-895.5. The range is 9 so a 50% extension is 4.5 + 895.5 = 900.
pwd nor do I, but wtf it is only 2 trading days worth of profit I gave em
thnx.
quote:
Originally posted by VOwater

pwd nor do I, but wtf it is only 2 trading days worth of profit I gave em


LOL. You are a much much better trader than me and the older I get the more conservative I get.
oh yeah pwd Im just the best in the land...great timing to part with my calls awhile ago!
BUYING 896.50 FOR A BOUNCE(I HOPE)
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thats the 1 min proj down and also the 1 min avg is right there... waiting
quote:
Originally posted by VOwater

oh yeah pwd Im just the best in the land...great timing to part with my calls awhile ago!


no, i am VO! lost over 1000 on my last 2 forays into the gold market! sheese!
KOOL I presume you bought the 2.681 projection low from the last sig hi on the 1 min?
happy new year everyone