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Retest of 1280 ?


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#1 NAV

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Posted 29 September 2008 - 02:40 AM

I think we see a retest of 1280 in the morning before we move to the upside. I got stopped out of the rest 2/3 of ES from friday at 1298 for about 8 point loss. The rest 1/3 was closed for 14 points profit on friday. That leaves the trade at near breakeven. Will buy tommrow again.

Edited by NAV, 29 September 2008 - 02:41 AM.

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#2 atlasshrugged

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Posted 29 September 2008 - 02:49 AM

when these pigs opened up 3 at 3 pm needless to say...i wasnt happy weird...the mkt trades strong all day friday in anticipation of a deal and then it sells off..... wachovia is probably going under tommorow... naztanic looks like it may test its low at 1613....

#3 NAV

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Posted 29 September 2008 - 03:09 AM

when these pigs opened up 3 at 3 pm needless to say...i wasnt happy

weird...the mkt trades strong all day friday in anticipation of a deal and then it sells off.....

wachovia is probably going under tommorow...

naztanic looks like it may test its low at 1613....



WAMU was good for 35 points. If wachovia goes belly-up, it should be good for another 35 points.

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