ES 11-24-08


GM...todays numbers
15m: 839.25, 848 / 780.75
5m: 827, 841, 847.25
Daily PP: 777.75
Weekly PP: 804.25
had to lighten some at 24.75..don't like this ..still holding three
selling
short 2 from 827.50, 2 point stop
problem here is that they can easily run out the hour high in 3 minutes...so this a tough hold
stopped for loss of 2 on ea.at 829.50, up 1.75 now
shorted 32.25..want only 27.50 to recapture some loss
this the next key volume zone for me.....
final add was 34.75..want 29 first now
sucks being a fader today..trend days we lose..key will be to see what the hour breakout traders can do
gotta buy this market ,boys! Till 839-847 any way.
well, gotta go, see you tomorrow. GOOD TRADING ALL!