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ES 12-17-09


Fear not! This decline and the expected gap down opening this morning are to be expected ...at least by me! In fact i just bought 1197.75 for a scalp before i crash!.. charts coming soon
He's not held in as high esteem as Greenspan used to be!....
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Still waitng, still watching ,still hoping 1092.50!
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BESIDES THE FUTURES, IM BUYING 2 SPYAH... JAN 2010 112 CALLS AT 1.30
At least i got my calls! long 2 jan 112's at 1.30
Long 2 at 1092.50 !
wow! dead nuts strike at 1092.25! and there is at least some reason to believe this might be the low of the day.. why? go to daily notes page ... last 10 days average range= 14.25. todays high 1106.50- 1092.25= 14.25!
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Not my usual accuracy today on forecasts, but i guess i was getting too cocky anyway. Thought our daily low would be very early ,remember? sigh . thats ok if this trade works out. Im up 3 handles with the chance to make more here. I can handle a hit to my ego, as long as they leave my wallet alone!..LOL.. Notice how they paused at the first proj? 1093.50? could 1095.25 be next? (i hope!)
ps: see the pos divergence on the above charts stoch's?
nice so far Kool.. I chicken out at 3.5
Discipline pays off ,friend.. something i struggle with each and every trade.. even after 20 years!..lol....
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