ES 3-16-2011

Thought I'd post profile for Monday/Tuesday along side last weeks profile. These are RTH only profiles. Quite a few unfilled gaps over the last several trading days. Have we found an important bottom here or more downside to come?

SELLING HERE 1268.00

CNN: radiation spike at Japan's nuke plant

and a spike in KOOLS bank account! wow! Just had the best trade ive had in a few months!!!.. now short from 1268.00, targeting 1263 area... usual stop!

target is the 1.618 from the one min at 1263.50, but will exit 64 if they let me! (1269.00 to 1265.50 initial move?)

there we go! 1263.25 prints... off by a tick.. out at 64.....

Kool has excellent numbers and big kahunas...lol

Originally posted by Lisa P

Kool has excellent numbers and big kahunas...lol

.. and sometimes just dumb luck!.. gotta trust your work,Lisa , and as i posted i was looking for 1254.50 to 1255.50 as the possible low of the day.. but we'll have to wait and see on that.Hopefully everyone clicked on the charts to see the whole thing.. that shows (right or wrong) how i get those numbers.. also once again the nas was lagging the s&p cash on the rebound (yesterday it lead on the way down)..

for instance currently, nas down .82%, s%p down .74... when we hit a bottom of real significance( lasting days or weeks) you will see that trend reverse!

1258-1259 could be at least some short term support

look at that right down into that 47.50 in the O/N session......perfect magnet