ES- 09-26-08


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  • koolblue
  • 26-Sep-2008 at 9:29 AM
  • Rep: 48.6k
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Ugly open coming.I still believe a intermediate term bottom is forming the last several days. And i would still be very careful trading position trades or puts here.Remember there is strong support 1172-77.
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  • koolblue
  • 26-Sep-2008 at 1:35 PM
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selling 1207.00
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  • koolblue
  • 26-Sep-2008 at 1:37 PM
  • Rep: 48.6k
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short at 1207.00.. 4 point stop (large for me, cause next stop potentially 50% ib ext at 1210.25)
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  • koolblue
  • 26-Sep-2008 at 1:43 PM
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NOTE avg supported at 1205.00.. avg plus 6 not 5, dam wave 3! ib 50% just hit
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  • koolblue
  • 26-Sep-2008 at 1:45 PM
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sigh... stopped ... minus 4 .. now up only 2 sigh.. that bowl was soooo obvious Margie. why oh why didnt we grab it !! sigh
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  • popstocks
  • 26-Sep-2008 at 1:47 PM
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  • Posts: 358
short at 1210.50
aiming for 1206
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  • Margie
  • 26-Sep-2008 at 1:49 PM
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  • Posts: 364
look at the bowl on the 5 min!
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  • popstocks
  • 26-Sep-2008 at 1:50 PM
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  • Posts: 358
covered 1209.25

you know that song, chorus goes "take the money and run"?
  • 0
  • koolblue
  • 26-Sep-2008 at 1:52 PM
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Margie , if this continues till near the close im jumping out of my call at the 1217 area or maybe at the open mon on the expected spike up on the sun nite announcement of a bailout deal. thats probably what ill do...your choice.
  • 0
  • Margie
  • 26-Sep-2008 at 1:54 PM
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  • Posts: 364
Thanks Kool, you are so good with the advice.
  • 0
  • koolblue
  • 26-Sep-2008 at 1:55 PM
  • Rep: 48.6k
  • Posts: 16k
WAY TO GO pOP, IF U CAN SCALP A SHORT O/N THIS RELENTLOUS RIDE UP UR DFINITLY GETTING THE HANG OF IT!
  • 0
  • popstocks
  • 26-Sep-2008 at 3:47 PM
  • Rep: 100
  • Posts: 358
Wow what an end to the day!

Joe, you are welcome & thank you for sharing your knowledge here.
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