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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
I BOUGHT A PUT O/N GOLD WHICH SEEMS TO HAVE RUN INTO A BRICK WALL ARUOND THE 775 level which is where i bought it this morning yet im up 2.50 already! thats $250 bucks and i got 15 days till expiration!
s 14.75 ..trying for the 08.75
good one bruce
Originally posted by BruceM

s 14.75 ..trying for the 08.75

nice trade Bruce
wow- i guess no high of day close
best fill is 902.50 and haVE TWO LEFT
hang on to em...the markets going to 0 cause they didnt fill my puts!
THANKS...i was watching that awesome 08.75 ..( that was low of the highest volume bar today) and thought it would be tested..interesting how they spiked it down into that 901 area agin....error on last post ..I only have one left
Way to go Bruce!
I had 918 - 921 as a volume zone..but I missed the short up there...that would have been a cool one
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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