Allow me to continue to play the devil's advocate. 807 was the high. *edit* Fear and loathing doesn't go down well in this game, as I begrudgingly found out myself long time ago.
Ok sal, we both get a nice set of steak knifes and a years worth of tootsie rolls as consolation prizes for playing.
Lizards are back in the green now. GOOG touched right under 250. If you pulled off your shorts and reversed you did well. Double bottom formation in play now, perhaps we get a Monday morning meltdown.
11-20-08 08:31 AM Short one contract at 795.00 Initial stop 1075.00 Maintaining the stop here at 1075.00
Buy1Sell2, I find your posts to be interesting all of the time and I try to learn from your trading, however, I don't quite follow this one. Would you be able to elaborate? You are maintaining a stop of 280.00? Have I understood your post? Regards, John
Important levels I am looking at today: 840 - R2 May get here, moreso if support can be found at 790 830 - Most likely target for long ES 817 - R1 was touched in Globex 790 to 804 -- long pullback zone; if market cannot stay above this then it can go down as low as 770 770 - Most likely target for short ES 753 - 756 S1, POC -- if market goes down it can find support and reverse of this zone 714 S2 I think it will be another wild day -- may go as low as 770 and as high as 840.