ES 12-17-08

whats happening with the ES mini this morning foks??

30m 50sma was 3.75...natural place to bounce it

[quote]Originally posted by koolblue

pretty much all time frames are overbought ,FWIW.. and an expected cycle low is due just after 2:30
[/quote bought 905.75 after being stopped at 906.50 on my previous... up only 8.5 now!

look at that ....not bragging here....I mentioned the 8830 - 8310 area in the YM before because that was it's highest volume spike...such correlation in these markets........

covered at 907.. you guys got me thinking ... plus 1.25 on 2 es// up 11 on the day!

awesome!!!

quote:

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Originally posted by koolblue

[quote]Originally posted by koolblue

pretty much all time frames are overbought ,FWIW.. and an expected cycle low is due just after 2:30
[/quote bought 905.75 after being stopped at 906.50 on my previous... up only 8.5 now!

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L 1 @ 8

note 903.25 is the dead nuts proj(918.25-912.50)...im just sayin!

looking for 12 if 10.50 doesnt kill it

small short at 9.50......this a bad time as bonds going off messes me up....among other things.

ill be a buyer at 906 for that reason

Thanks to all the great traders in this forum.
I hope you all have a great '09
God bless......Bye