ES-09-19-08

Comments: words cant describe the absoulute lunacy we have seen this week!We are up 120 handles onthe spoos in three and a half regular trading hours! And were still down for the week!

looking for 1252, but ill be bailing around 1247

1247.50 fill.. Now up 23.5 handles! THIS IS SO UNREAL! Over the past two weeks ive netted close to 100 handles! (even more amazing is im trading one or two es , not 10 lots) Do i love volitility? OH YEAH!

Note 'slower more normal' movement in the s&p so far. Are the boyz in the pits worn out? Or broke! LOL

2 days ago remember the S&p500 oct. 1240 call ibought for 4500 dollars? i sold it for 13050 today! wish i would have been able to buy 5. Id be driving a Lexus!

15 to 20 min. of downside pressure left

At some point soon, (today mon.?) there will likely be a retest of 1198-1200 area

something too complacent at this level, expecting a test of 1235

More like 1228-1231 is my guess, Pop.

SELLING 2 @1242.25

Exiting

quote:

---

Originally posted by myptofvu

Where did u exit the 67 short?

---

Actually, i was too late on my entry and didnt get filled! Generally, my orders go in a few seconds before i post. Notice the time on that post(12:40). The market had peaked one minute or two before at 1267.75, but it never got above 1265.75 after my order was in so i didnt get hit. Too bad cause it would have been a really good trade.Thats why i made no comment about being stopped out or exiting with a profit. PS: sorry i didnt answer earlier, crazy day!