ES 1-6-2008

Good Morning Traders !

VAH 930.50
POC 925.50
VAL 922.00

Weekly R1: 954.50
Weekly PP: 904.00

Daily R2: 944.00
Daily R1: 935.75
Daily PP: 926.00

Highest High in last 20 trading days: 934.25

I will be watching what happens at R1 with great interest this morning ! Also watch the IB high for indications of a trend day if price is accepted above R1.

ES Daily Notes 5 Jan 2009

should have stayed in for more...oh well

COVERING SHORT FROM 942.50 HERE

OUT 935.00,PLUS 7.5 (ONLY ONE ES...SIGH)

CANT TRADE TODAY, HAVE TO RUN ERRANDS ,BUT COULD HELP BUT SQUEEZE ONE OFF FIRST!

l @ 33.50

Hey PDQ...if you are familiar with Raschke then you may remember how at times she looks for the High to low day or the low to high day...I think we are overdue for the high to low day...and I'm hoping the high is being put in first today up at that 42 area

Kool, we miss you, visit us soon!

Dont forget to watch that 15 min deadly !.... see ya around 2;00 pm est!

Thanks PT. Very much appreciated the time and thought that you have put into the questions I asked.
I have still a lot to learn.
Regards
A