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ES 12-8-08

GM Traders

Daily PP: 856.25
Weekly PP: 861
Monthly PP: 881
POC: 829.75

R1: 895.75
R2: 918.75

60m: 933, 980.50
15m: 910, 914.50, 922
1 min avg is 901.00, so my stop is at 901.75
pretty much even odds for me due to my crap entry.
close over 404.75 gets me long
loss of 3.25 on that one/// now up 27 even and watching!
mini peak due 1:45, better one 2:05-2:15
if by some miracle they take it back to 895 area(even tho the proj there is negated) ill buy 2. the 15 min avg currently sits there
stop limit 903.25 long
oops , the 894.75 proj is still valid unless 904.50 is touched! Sorry!
Originally posted by myptofvu

stop limit 903.25 long

stopped back the gains
s @ 2
How true Kool..the way I look at is if the market only trends 30 % of the time ( and that's probably generous) then we need to make most of our money on counter trend trades unless you are the type who can take many losses and win on the trending 30 % of the time...I can't
Originally posted by koolblue

you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!