ES 12-26-08


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  • koolblue
  • 26-Dec-2008 at 7:21 AM
  • Rep: 48.6k
  • Posts: 16k
Good morning all! just sold 2@ the 15 min deadly projection of 868.50; Lets keep in mind however that there is an outstanding hourly projection of 871.25 yet to be fullfilled.
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  • Molly
  • 26-Dec-2008 at 8:43 AM
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  • Posts: 10
yes, I am trying to follow. So far so good!!
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  • koolblue
  • 26-Dec-2008 at 8:44 AM
  • Rep: 48.6k
  • Posts: 16k
looking for a decline to that 867 area, but keeping in mind that 855.75 also! As always ill bail on my short well above tho.
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  • koolblue
  • 26-Dec-2008 at 8:45 AM
  • Rep: 48.6k
  • Posts: 16k
quote:
Originally posted by koolblue

looking for a decline to that 867 area, but keeping in mind that 855.75 also! As always ill bail on my short well above tho. (im just real short term by nature)
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  • pt_emini
  • 26-Dec-2008 at 8:45 AM
  • Rep: 5,707
  • Posts: 1,941
VAH 865.25

POC 863.25

VAL 861.75
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  • palmer
  • 26-Dec-2008 at 8:47 AM
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Yawn- so slow
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  • koolblue
  • 26-Dec-2008 at 8:48 AM
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note this decline was exactly the same as the first one? 871.75 to 869.50? could be that 855.75 is becoming more important, i dont know.
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  • koolblue
  • 26-Dec-2008 at 8:49 AM
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note also the cycle low at 8:46? hopefully not much higher...(actually came in at 8:45)
  • 0
  • koolblue
  • 26-Dec-2008 at 8:51 AM
  • Rep: 48.6k
  • Posts: 16k
hey,P.T., have you noticed how many times in the last 2 weeks that 871.25-75 has appeared on the mp numbers? Amazing!
  • 0
  • koolblue
  • 26-Dec-2008 at 8:53 AM
  • Rep: 48.6k
  • Posts: 16k
i have lowered my stop on my short to breakeven 871.25
  • 0
  • pt_emini
  • 26-Dec-2008 at 8:54 AM
  • Rep: 5,707
  • Posts: 1,941
quote:
Originally posted by koolblue

note this decline was exactly the same as the first one? 871.75 to 869.50? could be that 855.75 is becoming more important, i dont know.


kb, Where is the 855.75 projection / target coming from ?
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  • sjzeno
  • 27-Dec-2008 at 1:05 PM
  • Rep: 424
  • Posts: 142
Here is something to look at...

Using Kool's cycle method plus a fib fan+retracement
we get a possible price lineup coming next week. This indicates that there could be a possible big move ie straddle might be a good idea to look into... But Kools cycle is showing a mini'low' so maybe this move would be biased to the upside and there is also an abc pattern before this still not negated...
This is something I just came across, throw some ideas out there what you think about it?



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