ES 12-8-08


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  • VOwater
  • 8-Dec-2008 at 9:11 AM
  • Rep: 133
  • Posts: 4,121
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
  • 0
  • koolblue
  • 8-Dec-2008 at 12:35 PM
  • Rep: 48.6k
  • Posts: 16k
1 min down says 898.75 if 904.75 is not touched again
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  • VOwater
  • 8-Dec-2008 at 12:35 PM
  • Rep: 133
  • Posts: 4,121
s 902.75
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  • VOwater
  • 8-Dec-2008 at 12:37 PM
  • Rep: 133
  • Posts: 4,121
think im early
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  • myptofvu
  • 8-Dec-2008 at 12:38 PM
  • Rep: 2,018
  • Posts: 666
shorted 902 looks like the buyers dried up
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  • koolblue
  • 8-Dec-2008 at 12:38 PM
  • Rep: 48.6k
  • Posts: 16k
no idea hoew this plays out ,, but ill try a small buy scalp at 898.75
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  • VOwater
  • 8-Dec-2008 at 12:40 PM
  • Rep: 133
  • Posts: 4,121
mypto we might be early but I think it goes
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  • VOwater
  • 8-Dec-2008 at 12:41 PM
  • Rep: 133
  • Posts: 4,121
need a close under 1.25 to help our cause
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  • koolblue
  • 8-Dec-2008 at 12:42 PM
  • Rep: 48.6k
  • Posts: 16k
5 min projects something like 897.50
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  • koolblue
  • 8-Dec-2008 at 12:45 PM
  • Rep: 48.6k
  • Posts: 16k
ALL the 1 and 5 min avgs now 901.75 -902.25!
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  • myptofvu
  • 8-Dec-2008 at 12:46 PM
  • Rep: 2,018
  • Posts: 666
I flattened it was taking too long. Didnt the 1 min project around 86 or am I doing it wrong?
  • 0
  • BruceM
  • 8-Dec-2008 at 4:17 PM
  • Rep: 216k
  • Posts: 19.9k
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!
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