es 9-15-08

I got the 1222.25 longs.....high risk and overnight not my specialty...I guess lehman filing and oil rigs on the lose gonna try and bring this down....so I gotta try long side.. ...add point is at 1212....and going in with only three...I'm a chicken..especially in the overnight

concern is that 31 - 35 area.....same one from Friday and Thursday

chicken at 1210.25...down 6.5 today...watching

selling one at 1213.75

buying 2 @ 1208.25

looking for 1212-1213 exit

out at 1209.50(have to leave!)..down 3.5 for the day.. still selling previous number.

sold one at 1213.75,(4 point stop)

I'm long the 22 's and the 05....nice volume spike below the 05 number.....don't like either one so far.....good luck today...we are going to need it

quote:

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Originally posted by BruceM

I'm just wondering if the overnight will see the 1205 or the 1245......crazy time indeed....

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looking for 1206 area.Actual projection is 1205.75,negated if we touch 1217 again.

I will exit soon so i can watch the open, hopefully around 1210 or below.For what its worth the projection i gave (1 min. chart) has been confirmed by the 5 min. and 15 min charts.

out at 1210.75...down half a handle on the day

buying in overnight at 80.50.....this may get ugly before it gets better for me....