joefella

E-mini take

Corto
CME:ES1!   None
0
I will bet this is going to drop some points. Short @ 1682.00 cover at 1620.00 to 1630.00 range in a week or so.....52 to 62 points down....248 ticks....seems like a lot--but if patient--from what I understand just one point is $50.00---a potential $3,100 call. Im bearish on this. This will take about 1 to 2 weeks of patience to accomplish but you watch-wait and see folks. Conservatively if this goes to 1650 it will $1,600 profit.

It may test the 1690s first for a 3rd and final attempt but will then kick back down. This is my take----If I am correct-futures it is oh yeah.,...

BEARS will rule this one....Futures baby!!!!!!
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