ES 11-5-08


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  • VOwater
  • 5-Nov-2008 at 9:44 AM
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FWIW...the 5m projects down to 982.50
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  • koolblue
  • 5-Nov-2008 at 2:17 PM
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out at 970.25 but probably WAY to early ...plus 3.25 there now up 4.25 on the day
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  • koolblue
  • 5-Nov-2008 at 2:19 PM
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Note ...any move 959-966 would be within the 'normal' range of recent market behavior!
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  • Ugo65
  • 5-Nov-2008 at 2:22 PM
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quote:
Originally posted by koolblue

Note ...any move 959-966 would be within the 'normal' range of recent market behavior!

Do you see a up or a down movement in the next days?
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  • koolblue
  • 5-Nov-2008 at 2:23 PM
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avg range last 5 days is 41.65.... 1008.50-41.65 = 966.50! keep in mind yesterdays low was 964, so if we test that i would expect it to break and run to 959 cause the 'boyz' would want to stop out an obvious long entry by small players there!
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  • koolblue
  • 5-Nov-2008 at 2:25 PM
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I have a daily chart top tomorrow , but the main thing is that can always bee off a day and the main thing im looking at is the upcoming 45 day low(july15:sept 18) due around Nov 13-17th!
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  • Margie
  • 5-Nov-2008 at 2:26 PM
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2:40 cycle high?
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  • koolblue
  • 5-Nov-2008 at 2:27 PM
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FWIW ,i also had written on my notes from yesterday 3:00 top spx cash for today?
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  • koolblue
  • 5-Nov-2008 at 2:28 PM
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so a good move up for a while here would not surprise me .
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  • koolblue
  • 5-Nov-2008 at 2:30 PM
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I believe that regardless of if we have a top today or tommorrow, after the 10th we go down hard!
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  • koolblue
  • 5-Nov-2008 at 2:31 PM
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YES,MARGIE , and i am considering it!
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  • koolblue
  • 5-Nov-2008 at 4:10 PM
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BUT HEY,awin is a win, right? and it was my best scalp of the day!
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