ES 12-8-08


GM Traders

Daily PP: 856.25
Weekly PP: 861
Monthly PP: 881
POC: 829.75

R1: 895.75
R2: 918.75

60m: 933, 980.50
15m: 910, 914.50, 922
flat at 9.50
great job everyone!
looks like the 06 - 08.75 is going to be the area to watch tomorrow....interesting how that volume spiked in there at about 11 am this morning...these volume thrusts make much better magnets then areas to initiate in...at least for me they do.....I suck on entries usually so I have to avergae in most times
thats why i love your numbers Bruce, vol is powerful!
you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!
how did the tick end???
quote:
Originally posted by palmer

how did the tick end???


I have 1076 on Reuters, 1007 on DTN-IQ and 1123 on Schwab
so more tick high closing- Great-
How true Kool..the way I look at is if the market only trends 30 % of the time ( and that's probably generous) then we need to make most of our money on counter trend trades unless you are the type who can take many losses and win on the trending 30 % of the time...I can't
quote:
Originally posted by koolblue

you know what i really love? A 300 point up day in the dow and most of us made most of our money SHORTING the market. FRIDAY TOO you know your doing something right when you can do that! Congrats to all.. c ya tomorrow!