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ES 11-20-08

here we go!
no fill on 88..yet!
filled now....
yeah wsj I thought about buying overtop that 85 number
always tricky to trail with only one....finla target still at 803.75..I'd expect some back fill soon to downside
order to sell 993.50(1 min proj) and 5 min 54 avg is 994.50 and falling
I don't want to see 85 - 87 fail on this retrace
covering 786.50
bingo! finally a good one! 7,
I should have been patient yesterday when I shorted @846 around 10.58 made silly 8~10 points instead of 47 lesson well learned.
we need a failed new low retest to get me excited about upside
Originally posted by VOwater

prestwick where did your BAV end up

Here is how it finished VO. Notice how big money (white line) really sold hard on the break of 772-770 around 14:33? At the same time small money (brown line) started to net buy heavily. I rarely see small money's conviction outweigh the conviction of big money, ala today. Bigs look to have done some covering into the close. That 770-72 area should be watched tomorrow if we test it as it is likely that big money will try to defend the sells they started there unless some news changes the nature of the market.
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