ES 11-16-09

Best guess is we make another top today. looks like the weekend update regarding the bullish case (3 hump pattern,etc) may be right on. There is good resistance from 1112-14 today and support around 1087-88

SHOULD GO TO 1108.00 ,BUT IM BAILING HERE!..NO HEROICS TODAY!

OUT AT 1107.00..PLUS 2 TICKS TOTAL.. ID MUCH RATHER BE SHORT THIS AFTERNOON ,THAN LONG!

SELLING 1108.50..THE PROJ IS 1108.00 BUT THE ENTIRE ONE MIN MOVE HAS A 1.618 AT 1108.75.. SO IM BEING CONSERVATIVE...OH YEAH...BINGO O/N 1108.00!!!

nice trade Kool

IF BY SOME CHANCE WE ARE HEADING HIGHER NEXT RESISTANCE IS 1011.25-1012.00...CURRENTLY SHORT FROM 1108.50

HERES THE 1011.25 PROJECTION! A GREAT SHORT , IMHO!

T
old you that was a nice short !

Originally posted by koolblue

OUT AT 1106.75! YIPPPEE! PLUS 3 O/N 2 ES.. NOW UP A WHOLE HANDLE O/N THE DAY!!! DRINKS O/N ME!!!( KOOLAID ,OF COURSE!)

bout time u tightwad!