ES-09-03-08
Well, here we are gang, about aweek and a half from the expected cycle low i had commented about weeks ago. I must admit,this weekend my study of the charts looked to be short term bullish and i keep getting two projections over and over. 1226 and 1243. I really thought we would head there for a test of the 200 day average which would be an expected, and normal, bear market event. Is this the expected retest or a pause before the objectives are achieved? Time will tell.One thing is certain... this is going to be an interesting month! (ps.. sold 2 es at 1271.00 for a short term scalp) down 4 handles from a trade last nite.
72ish providing good support, looking to go long if there is consolidation in this area
buying 1269.75. one only, 2 point stop
heavy selling
geez stopped and buying again(one only)
perhaps today we can finally break through 62 with some force?
up 9.25 on the day... playing with a 2 point stop(long one at 1268.00) looks like you made a good call Joe,on your 1264 number!
plan to cover 1270.50-1271.25 if not stopped out.
stopped ...up 7.25 on the day... way to give it back Kool!
last trade today.. selling 2 at 1268.00
kool you rule!
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