ES 1-9-09

GM Traders

now long 2@ 891.00, plus 1.25 on the other ...up 4.75 on the day

quote:

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Originally posted by einstein

TY VO. So if you have a 2 point stop you usually dont enter unless sthe 100% is at least 4 points away?

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generally speaking yes

Kool dont understand your last post

covering both at 893.00

im already long or I would have joined you koolio

sold one at 892.25 covered by buying 3 at 891.00... now long 2

dam, hit me but no fill yet!

In case anyone was wondering how the BAV was looking today, here it is. I included all day yesterday as well as today. Big money (white line) was distributing most of the day yesterday (until intot he close) while small money was solidly accumulating. It was one of the most significant divergences I have seen. Bigs have not been buying much into the bounces to the 95 area we have seen so far while smalls have been accumulating. I am not sure what to make of it so I'll just let the chart speak for itself.

there it is! out 2@ 893.00 plus 2 on each.. now up 8.75..waiting for 897.50

their compressing the bands...my guess is up - we will see

quote:

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Originally posted by vast524

Prestwick. Are you just reading this by the Dome and the T&S chart?
Regards

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The singles were from the pit session TPOs. The read on big money net position is from a BAV chart.