ES 12-19-08

GM traders

Daily PP: 892.50
R1: 911.50
S1: 873.50

POC: 901.75

60m: 924.50 / 814.75

Globex gap @ 84.25

look how they closed it over trendline then tested it see if it bounces there if they sell it down

just sold 883.00 for one last try for 877

this chop is so viciuos , thats why i hate the open and close!

I'm with you from 881.50

Hi All:

I've been trying to understand these price projections that many of you are using, and I'm wondering if the 5 minute bar at 3:25 P.M projects a rise to 891??

failed new low?

Flipped & went long

Hi All:

I've been trying to understand these price projections that many of you are using, and I'm wondering if the 5 minute bar at 3:25 P.M projects a rise to 891??
...OR perhaps does the two 5 minute bars at 3:25 and 3:30 P.M. project a rise to 897?

#$@$! just stopped at 86 for a 3 point loss ..done for the day at plus 6.25.. whwew!

Both MOB's were hit to the downside S&P MOB at 895.00

SORRY FRIENDS JUST MADE IT HOME