Globex 10-08-08


Well,looks like i missed some fun after i left around 3! Tip to all my es thread friends, I have gone over and over it and i keep coming up with the same scenerio,longer term. We are soon to make a low, a major low and it looks like OCT. 14-15th! Doesnt mean we cant go up today, tonite ,whatever, just means the 'huge' cycle will bottom then. O/N the shorter term, closing ticks are still very high indicating continuation of the decline. I do feel that Charter Joes 993.00 square of 9 is going to come into play tonite or ,hopefully tomorrow. Im so sure of that, that i am putting in oco orders to buy 2 es at 993.75 , with a 4 point stop., and a bracket to take profits at 1003.75. GTC.i can change or modify when i get home from work around 6:30 am. Be ready on the 14th,gang, for a potentially huge profit potential on an options play!
covering!
revising first target to 1012 due to 975 add on
Covered 1/3 at 978 +40 thats the most that I have ever made on one single trade. Kool, told ya I would get it back by Wends. :) I wish it were going up though
out at 977.00.. wow im up 0.5 handles ...and i feel like ive been run over by a truck! Ill watch the open unless 957-8 appears first