ES 10-21-08


watching
out 1/2 at +2 pts
out balance at +3
nice rob.....moving stop to 79.75 in case they decide to run it up..still want those 69's though
that did that yesterday too...near 960 I beleive...how rude...and on your B-day......Lemme att em !!
quote:
Originally posted by koolblue

$#~!#~!#... missed by 2 ticks? I really am getting old!... sigh... Basically i favor higher prices even into tomorrow, but a good decline IS coming and that scares the heck out of me! Would not be surprised by 1109-15 today, or 961 for that matter!

choppy here at the VWAP
Good job, Bakrob!
Thanks ... i am leaving any further shorts alone for now...
DONT worry, Bruce... YOULL get em back for me ...Upside press. subsides by 11:19 to 20
After 3 years of working with the PURE volume zones, the biggest challenge arises when new high volume forms during the day.....for example:

I had the 85 area and the 67 area..from yesterdays key volume.but now the 72 - 76 from today is trying to establish buying interest above the 67 but below the 85...so it gets tricky...
selling one at 977.50
The other thing we know is that they will break the Monday - Tuesday range...I'm hoping it's to the upside too but may be illogical to expect that since we closed near the lows today and closer to the lower range......We also have a gap down near 933 so that will be an additional target if we are able to get on board to ride out lower prices

Hope you are having a good B-day KOOL!
quote:
Originally posted by koolblue

still of the belief this is a giant tringle on the daily charts that we better hope eventually resloves itself to the upside upon completion or this market will end up complete toast... bottom trend line somewhrer around 880-882? Note how the daily range keeps contracting?