ES 10-08-08


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  • koolblue
  • 8-Oct-2008 at 9:18 AM
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I cant wait to see how the talking heads explain tonites action!
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  • CharterJoe
  • 8-Oct-2008 at 3:27 PM
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We still have that gap at 1100 to fill
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  • koolblue
  • 8-Oct-2008 at 3:29 PM
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3:26 peak came in at 3:25... so sue me!
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  • koolblue
  • 8-Oct-2008 at 3:30 PM
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in on my long ,raising stop to 1017.00
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  • CharterJoe
  • 8-Oct-2008 at 3:30 PM
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Your 3:15 low came in 1point above my sq nine, and your high at 3:25 was 1.5 above the next sq nine
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  • koolblue
  • 8-Oct-2008 at 3:31 PM
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wow!, was hoping the low would be amin. early too!
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  • koolblue
  • 8-Oct-2008 at 3:33 PM
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covering!
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  • koolblue
  • 8-Oct-2008 at 3:35 PM
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WHEW! OUT AT 1021.50,PLUS 4 AND ALITTLE OVER 30 ONTHE DAY... THATS IT FOR ME TODAY...just to hard to trade!
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  • karend
  • 8-Oct-2008 at 3:36 PM
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  • Posts: 65
Well done kool! You have to be exhausted...great trading! You're an inspiration.
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  • koolblue
  • 8-Oct-2008 at 3:42 PM
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Nope , just dam lucky and the cycles keep me from gettin killed too badly!
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  • CharterJoe
  • 8-Oct-2008 at 3:58 PM
  • Rep: 4,475
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Notice how the markets couldn't sustain a close above sq nine 1025 and the market sank over 30points....I am buying some calls here...bought .SWGJT oct 98 calls at 5.05 (es at 990)
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  • CharterJoe
  • 8-Oct-2008 at 9:40 PM
  • Rep: 4,475
  • Posts: 2,352
I love Pivots...daily, weekly, monthly, I love it even better when there's a sq of nine near by.

As to your 2nd question it really doesn't matter why .146 (its phi to the 4th power) and .25 (1/4 or 2/8ths) but it all has to do with sq of nine....from each of my sq of nine numbers is sq root + or - .25 and then squared reason being that has to do with squaring a circle. All that matters is that it works.....146 used to work beautifully but now it moves that much in 2 min, so I don't use that any more once the markets calm down it will be useful once again.
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