ES 10-22-08


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  • koolblue
  • 22-Oct-2008 at 9:29 AM
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HERE COMES FUNTIME!
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  • koolblue
  • 22-Oct-2008 at 1:45 PM
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Benny , you have to use all three tools , price proj. cycles and charts. For instance 15 and 30 min charts are just now creeping into over sold territory, %R around 8 but stoch still around 30
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  • koolblue
  • 22-Oct-2008 at 1:46 PM
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So if it wants to go lower it certainly could , but probably after a 5 or 10 point rebound cause 5 and 1 min are redlined oversold!
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  • koolblue
  • 22-Oct-2008 at 1:47 PM
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Proud of my price proj. being hit tho... Waited most of the day for that!
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  • Benny
  • 22-Oct-2008 at 1:47 PM
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there also a 50% of the weekly pivot and S1 there at 899.50,,,,another thing ,, if you pull up a monthly look where the developing low is,,, i have 906.75
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  • Benny
  • 22-Oct-2008 at 1:53 PM
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quote:
Originally posted by koolblue

Benny , you have to use all three tools , price proj. cycles and charts. For instance 15 and 30 min charts are just now creeping into over sold territory, %R around 8 but stoch still around 30


Yes Kool I just can't get the cycle thingie down yet i guess some day when you get around to doing a Saturday again it might be a little clearer, but either way thank u for your efforts
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  • koolblue
  • 22-Oct-2008 at 1:53 PM
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WOW, well my original proj first mentioned at 8:56 this morn on the globex thred was 903.-4 i think. So in fairness it wasnt a bullseye...yet. AND also the cycle wasnt very close , either
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  • koolblue
  • 22-Oct-2008 at 2:00 PM
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The only good thing that can be said about yet another 400 dow point down day is that the lagging nas would pretty much shut the door to much more of an extetion down today or tomorrow. Also the giant triangle boundry (slightly under 900 has not been violated)
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  • koolblue
  • 22-Oct-2008 at 2:01 PM
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WELL , im calling it a day, so i can almost make up yesterdays debacle! Good luck all, see ya tomorrow am!
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  • Benny
  • 22-Oct-2008 at 2:08 PM
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take care thanks KOOL
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  • BruceM
  • 22-Oct-2008 at 2:30 PM
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very cool that developing area Benny..thanks for pointing that out....
quote:
Originally posted by Benny

there also a 50% of the weekly pivot and S1 there at 899.50,,,,another thing ,, if you pull up a monthly look where the developing low is,,, i have 906.75
singles 865.25-878.0 plus sq 9 @ 886
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