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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
this is how good the proj are! out at 913.25 from 915.00 plus 3.5 up 34.5 and hoping for one more little up rush
I'm thinking short here but this late in the day who knows
wow, all day i waited for the 'deadly 15 min proj' and tried to get too fancy! Newbies take note of that!
let me ask you something KOOL- do we always hit the 15 min proj. Does it act like a magnet?
s @ 15.75
1 off 13.75
seems to.. its nice because it makes calls from a long way away! ..but always? NO no such thing exists in nature! dont forget my call for 863 and we only went to 867.50 just last nite!
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!

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