Globex 11-14-08


Hey gang, ive missed ya! First let me say how proud i am of all of you. Hopefully with the tools i have shown you, added to your current arsenal of techniques, you are better traders. It certainly seems that way from reading all the posts every nite! At the very least the cycles and price proj should help, even when your wrong, to keep you from getting burned too badly. And i really mean this, it is an honor to be trading with all of you! I can truly say i have learned as much from you as you may have from me...... Now to the market. It now appears to me that the 45 day cycle bottomed today! I mean what was that , an 800 point reversal in the dow, or 84 handles in the s&p? Havnt had time to study everything yet, but it sure looks that way! Trying to buy maybe 906.50 tho i may adjust after i get the 1 min proj.(none given yet)
Thanks Kool
Yep I just saw it - I just got logged on. Reading some people saying this will be a rally to be sold into although we tested the lows again
Well, i believe what i posted last nite, a decent decline is coming soon due to closing ticks and going too far,too fast... i think retail sales come out at 8:30,watch out for that!
the closing tick, you use +/-800. +800 means short term high and -800 mean short term low???
just read a post comparing the ES with an EKG. LOL
ROFL...how true ...need one to trade the other!
gotta go see ya at one!
kool how did u got 888 as ur target?

thanks

akola, Kool is gone till 1 pm