TradeStalker's RBI Update 11/23/08

(I'm sorry I got a little behind in posting, so I'm catching up today)

.................................................

TradeStalker's

R.B.I. Trader's Update

11 / 23 / 2008

(Published Since 1996)

...............................................


Dateline: 5:39 pm eastern time, 11/23/2008

This publication's primary focus is trading the index
futures. However, you can also use my nightly updates to
trade the following ETF's (SPY), (QQQQ), (SDS), (QID),
(DIA), and (DOG).

The market opened higher on Friday but the early strength
was sold and the market sold off to new lows for the year.
The SP futures reversed from a 739.00 low and the market
bounced back into lunchtime trading. That move fizzled and
the market fell back to test the lows with about an hour
left in trading. After a couple of drops under 745.00 on the
SP futures were quickly reversed, the market turned up in
the last hour of trading. The new Treasury Secretary was
named and it caused that spark that was needed to get a good
rally going. In the last hour the market took of to the
upside as the SP futures made it to 802.50 before backing
off to settle 8 points under the cash close.

The market saw levels that finally are looking attractive
for the longer term, on Friday. The rally might turn out to
be one of those that doesn't stick, but should the market
test the Friday lows, there will be buyers ready to step
back to the plate. The market made a good start to a
bottoming process on Friday. With a short Holiday week,
there should be more volatility and likely some good set-ups
on both sides.

The market rallied 61 points on the SP futures, 75 points on
the Nasdaq futures and 675 points on the Dow futures from
the late afternoon lows on Friday. The futures closed well
under fair value on Friday, so if there is a pop up on the
open and the move reverses in the first 20-40 minutes of
trading, it should set up a good shorting opportunity.
Thereafter, the first decent pullback should set up a buying
opportunity as soon as the downside stalls/ reverses. Look
for that type of action early on Monday. As long as a
pullback doesn't break and hold under the 765.50-764.00 area
on the SP futures, the market will be "okay" and the bulls
will get the benefit of any doubts. However, if that area
doesn't hold, or quickly reverse if broken, then we'll
likely go test that 745 level and see if buyers are still
ready to pull the trigger, or keep their hands off of the
buy
button.

The initial resistance is at the 804.00-805.00 area on the
SP futures and the 1102.00-1103.25 area on the Nasdaq
futures. If there is a pop to those areas in the early going
and the move reverses, it would set up a good shorting
opportunity. However, if those areas are not a problem, then
it would open the door for the market to move towards the
819.50-820.75 area on the SP futures and the 1116.50-1117.50
area on the Nasdaq futures. If the market gets that far,
beware of a potential reversal. If that doesn't happen, and
the market is strong enough to plow through those areas,
then a move towards the 825.75-826.25 area on the SP futures
and the 1127.50-1129.50 area on the Nasdaq futures could be
in the cards. That would be as far as a rally should go
unless there is a melt-up type of rally. In that case watch
for the 835.50-837.00 area on the SP futures and the
1141.00-1142.00 area on the Nasdaq futures to be key
resistance on Monday.

The first good support is at the 774.25-773.25 area on the
SP futures and the 1057.50-1056.00 area on the Nasdaq
futures. If the market gets down there in the early going
and the move stalls out and turns up, it could start a good
rally back. If those areas are broken and not quickly
reversed, then the 765.50-764.00 area on the SP futures and
the 1048.25-1047.00 area on the Nasdaq futures would be
next, and should hold if the Friday rally was the start of
something for the bulls. If those zones do not hold, then a
drop towards the 745.00-742.50 area on the SP futures and
the 1023.50-1022.00 area on the Nasdaq futures should
quickly reverse unless the market is in trouble again. If
the market doesn't reverse from down there, then it means
buyers are still on boycott and only a reversal from near
the 739.00 level on the SP futures and the 1017.75 level on
the Nasdaq futures can save the market from another big down
day.

December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

804.00-805.00
819.50-820.75
825.75-826.25
835.50-837.00


December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

774.25-773.25
765.50-764.00
745.00-742.50
739.00


December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1102.00-1103.25
1116.50-1117.50
1127.50-1129.50
1141.00-1142.00


December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1057.50-1056.00
1048.25-1047.00
1023.50-1022.00
1017.75


December 2008 Dow futures resistance
symbols: emini = ymz8

8089-8098
8174-8178
8224-8229
8375-8382


December 2008 Dow futures support
symbols: emini = ymz8

7764-7758
7679-7670
7482-7476
7436


---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

TradeStalker's RBI Update 11/11/08

.................................................

TradeStalker's

R.B.I. Trader's Update

11 / 11 / 2008

(Published Since 1996)

...............................................


Dateline: 6:28 pm eastern time, 11/11/2008


The key zone coming into Tuesday was at the 905.50-905.00
area on the SP futures. The SP futures opened at 905.00,
made a 905.50 high, and headed lower. That meant trouble and
new resistance areas were given. A reversal from just over
893.50 started a drop and the 882.00-880.50 support area
turned into a magnet. The SP futures went to 882.75 and
turned up. Updated resistance was given at 889.00 on the SP
futures and 1216 on the Nasdaq futures. The first bounce
reached 888.50 on the ES and 1216.25 on the NQ and they
dropped to 883.25 and 1210.00, respectively. After making
that double bottom, a sloppy bounce to 891.00 failed and the
market pulled back again. Then the Freddie-Fannie news hit
the tape and the SP sprinted to test the 905 area. The
market backed off but the SP futures turned up from 895.25
and then shot higher to 917.00 and the move fizzled and
reversed. The 895.25 level was reached on the first pullback
and a decent bounce to 906.25 followed, but it was sold and
the market rolled over again. The SP futures dropped to
886.25 and snapped back to 901.75 before fading into the
close.

Tuesday was a wild day for sure! The daily indicators are
either a bit oversold or neutral at the moment. However, the
moves on the upside are easily turned back, as if the market
doesn't like something else going on under the surface. On
the other side of the coin, the sharp drops are reversing
and bringing on the rally attempts. The market is in a big
range and another test of the 843 level on the SP futures
could be in the cards before a more sustainable rebound
occurs.

On Wednesday look for a shorting opportunity if there is
early strength as soon as the move stalls and begins to roll
over. That should occur in the first 20 minutes or so if
it's going to play out. If it does, then the first decent
pullback should set up a buying opportunity if a pullback
can hold the 887.00-886.50 area on the SP futures, or
quickly reverse if broken. If that is broken and not quickly
reversed, then the Tuesday lows would need to hold to avoid
potential trouble and another sharp downdraft.

The initial resistance is at the 905.50-906.50 area on the
SP futures and the 1239.00-1240.00 area on the Nasdaq
futures. If an early pop to those areas is not sold, then
the key hurdles on Wednesday are at the 916.00-917.00 area
on the SP futures and the 1251.25-1252.50 area on the Nasdaq
futures. If the market gets back up there and doesn't
reverse again, then the move could extend towards the
926.00-927.00 area on the SP futures and the 1261.50-1263.00
area on the Nasdaq futures.

The initial support is at the 887.00-886.50 area on the SP
futures and the 1214.50-1213.50 area on the Nasdaq futures.
If those areas are not defended on a pullback, then key
support is at the 882.00-880.50 area on the SP futures and
the 1206.50-1204.50 area on the Nasdaq futures. If the
market drops back down there, and cannot quickly turn back
up, then the next support would be down at the 877.00-876.00
area on the SP futures and the 1200.50-1199.50 area on the
Nasdaq futures. If those are tested and the move reverses,
it could start a decent rally. If they are easily broken,
then the 866.00-864.50 area on the SP futures and the
1190.25-1188.50 area on the Nasdaq futures would need to
hold, otherwise the downside could gather steam. If those
areas are broken, then a drop to the 834.00-833.00 area on
the SP futures should be bought, as it would coincide a
limit down move on Wednesday and that stall at support could
start a reversal.

December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

905.50-906.50
916.00-917.00
926.00-927.00


December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

887.00-886.50
882.00-880.50
877.00-876.00
866.00-864.50
834.00-833.00


December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1239.00-1240.00
1251.25-1252.50
1261.50-1263.00


December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1214.50-1213.50
1206.50-1204.50
1200.50-1199.50
1190.25-1188.50


December 2008 Dow futures resistance
symbols: emini = ymz8

8756-8763
8842-8849
8934-8942


December 2008 Dow futures support
symbols: emini = ymz8

8580-8575
8526-8517
8478-8472
8260-8254


---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

TradeStalker's RBI Update 10/30/08

.................................................

TradeStalker's

R.B.I. Trader's Update

10 / 30 / 2008

(Published Since 1996)

...............................................


Dateline: 6:58 pm eastern time, 10/30/2008


We came in Thursday looking to short early strength. The
huge up open of 29 points on the SP futures couldn't stick
and the move fizzled in the first 30 minutes and reversed.
Off of a 963.50 high, the market traded in trend down mode
until just after noon. The SP futures reached 926.75 and
reversed and a very choppy rally started. There were trades
on both sides, but the bulls won out as the market ended the
day by testing the first half-hour highs.

The dips are being bought since the double bottom Monday.
The market is still inside of Wednesday's last 30 minute
range and the top side is just a bit above current levels.
The Nasdaq futures matched Wednesday's high on Thursday. The
Nasdaq has been leading the way, so a test of the Wednesday
highs on the SP and Dow could be in the cards before the
market either breaks out or tops out.

On Friday look for a shorting opportunity if there is early
strength as soon as the move stalls and begins to roll over.
That should occur in the first 20-40 minutes if there is
going to be a good odds trade. If that plays out, look for a
buying opportunity if the first decent pullback can hold the
initial support. If the initial support is broken and the
market cannot quickly reverse back up, then a transition to
the downside could be underway.

The initial resistance is at the 963.50-964.00 area on the
SP futures and the 1345.75-1346.75 area on the Nasdaq
futures. If those are not trouble, then the door is opened
for a run up towards the 971.00-972.00 area on the SP
futures and the 1355.50-1357.00 area on the Nasdaq futures.
If those areas are tested and the move fails, it could be
terminal short term and start a decent pullback. However, if
the market gets up there and doesn't have trouble getting
through those areas, then the move could extend towards the
981.00-982.00 area on the SP futures and the 1366.50-1368.00
area on the Nasdaq futures. If those are not sold, then the
987.50-988.50 area on the SP futures and the 1374.50-1376.00
area on the Nasdaq futures is the last good resistance
before a test of the 998.50-1000.50 area on the SP futures.

The initial support is at the 935.50-935.00 area on the SP
futures and the 1314.50-1313.50 area on the Nasdaq futures.
A pullback should hold near those areas if the market is
going to stay out of trouble. The next support would be at
the 927.00-926.00 area on the SP futures and the 1302.00-
1301.00 area on the Nasdaq futures. If those are not bought,
then major support is at the 919.50-918.50 area on the SP
futures and the 1290.00-1288.50 area on the Nasdaq futures.
If the market gets back there and does not reverse, then the
downside isn't over and we could see the 914.00-913.00 area
on the SP futures and the 1261.50-1260.25 area on the Nasdaq
futures.

December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

963.50-964.00
971.00-972.00
981.00-982.00
987.50-988.50
998.50-1000.50


December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

935.50-935.00
927.00-926.00
919.50-918.50
914.00-913.00


December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1345.75-1346.75
1355.50-1357.00
1366.50-1368.00
1374.50-1376.00


December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1314.50-1313.50
1302.00-1301.00
1290.00-1288.50
1261.50-1260.25


December 2008 Dow futures resistance
symbols: emini = ymz8

9235-9243
9344-9349
9432-9438
9478-9484


December 2008 Dow futures support
symbols: emini = ymz8

8994-8990
8949-8941
8842-8838
8802-8798


---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

TradeStalker's RBI Update 10/26/08

.................................................

TradeStalker's

R.B.I. Trader's Update

10 / 26 / 2008

(Published Since 1996)

...............................................


Dateline: 6:14 pm eastern time, 10/26/2008


After being locked limit down before the open on Friday, the
limits came off on the open and the SP futures traded at
835.00 in the pit and turned up immediately. The run up took
the SP futures up to 888.00 just before noon. The market
pulled back and fell to 857.25 with about 2 hours left in
the trading day. The market rallied back to the 880 area and
reversed, but then that was exceeded and the SP futures
popped to 896.50 and the move fizzled. Selling came in in
the last hour and the market sold off to 862.50 by the
close.

Despite what could have been a good low on Friday, the
market is still acting poorly. It seems that most everyone
is calling a bottom down here, but before getting out of
trouble the market needs to get above the Friday highs and
not reverse per usual of late. We should also get good
volume on a rally that sticks in order to believe it.

On Monday look for a buying opportunity if there is early
weakness and it reverses back up within the first 20-40
minutes. If that plays out, beware that the first decent
bounce will likely be sold into as soon as the move fizzles.
The trends and momentum favor the bears, so unless the
market gets over the Friday highs and sticks, the short side
should continue to offer the better odds trades.

The initial resistance is at the 893.00 level on the SP
futures and the 1223.25 level on the Nasdaq futures. If
those are exceeded, then the 898.00-899.00 area on the SP
futures and the 1229.50-1230.50 area on the Nasdaq futures
is the key resistance on Monday. If the market gets up there
and doesn't have a problem getting through those areas, then
things could be changing. The next hurdles would be at the
905.50-906.00 area on the SP futures and the 1238.50-1340.25
area on the Nasdaq futures. If the move over the Friday
highs is a fake-out, then a reversal could occur from there.
If the market plows through those areas then the next key
resistance is up at the 922.50-923.50 area on the SP futures
and the 1255.50-1257.00 area on the Nasdaq futures.

The initial support is at the 857.00 level on the SP futures
and the 1180.50 level on the Nasdaq futures. If those break
then there should be strong support near the 855.00-854.50
area on the SP futures and the 1174.00-1173.00 area on the
Nasdaq futures if the market is not going to cave in again.
If those areas are broken, and the market doesn't quickly
turn back up, then the 840.00-838.50 area on the SP futures
and the 1158.50-1156.50 area on the Nasdaq futures should be
magnets. If those are broken, then major support is at the
835.00-834.50 area on the SP futures and the 1150.75-1149.75
area on the Nasdaq futures. If those are broken and not
reversed, then a drop towards the 814.00-812.00 area on the
SP futures, and possibly towards the 2002 low on the SP500
cash at 768.63 before a bottom is put in.

December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

893.00
898.00-899.00
905.50-906.00
922.50-923.50


December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

857.00
855.00-854.50
840.00-838.50
835.00-834.50
814.00-812.00
768.63 {SP500 cash}


December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1223.25
1229.50-1230.50
1238.50-1340.25
1255.50-1257.00


December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1180.50
1174.00-1173.00
1158.50-1156.50
1150.75-1149.75


December 2008 Dow futures resistance
symbols: emini = ymz8

8539
8564-8574
8639-8645
8784-8792


December 2008 Dow futures support
symbols: emini = ymz8

8210
8190-8184
8055-8049
8005-7998


---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

TradeStalker's RBI Update 10/20/08

.................................................

TradeStalker's

R.B.I. Trader's Update

10 / 20 / 2008

(Published Since 1996)

...............................................


Dateline: 6:15 pm eastern time, 10/20/2008


The SP futures opened up 19.50 points on Monday and quickly
pulled back. That bit of weakness was bought and the SP
futures ran up to 970.00 and then turned down. The 955.00
level was broken and it lead to a move to new lows for the
day by 11am. The selloff was reversed and the SP futures
climbed to the 971.50-972.50 resistance zone. The SP futures
reversed from a 972.25 high and dropped to 960.75 and
quickly reversed back up. The market popped back to the
971.50-972.50 resistance zone, then the grind higher was
accelerated as the move went mini-parabolic into the close.

The internal gauges are getting short term overbought, and
the Vix gave a sell signal at Monday's close. After the
morning selloff, the action was choppy trend up with good
buying on Monday. The move in the last hour was straight up,
however, so the first good trading opportunity should be on
the short side. Then, if the mood doesn't change and stick,
then the first decent pullback would set up a buying
opportunity. The initial support shouldn't break by much or
else a fairly deep retracement could occur before the
downside subsides.

The initial resistance is at the 992.50-993.00 area on the
SP futures and 1362.50-1363.25 area on the Nasdaq futures. A
pop to those areas that reverses in the early going sets up
a good shorting opportunity. If those are cleared, then we
could see the 997.75-998.25 area on the SP futures and
1370.50-1371.75 area on the Nasdaq futures. If the market
gets up there and doesn't turn back down, then a push to the
1002.50-1003.00 area on the SP futures and/or 1379.50-
1380.50 area on the Nasdaq futures would be next. If we
don't see that area get rejected, then a move towards the
1010.00-1011.00 area on the SP futures and 1395.25-1396.75
area on the Nasdaq futures could be in the cards.

The initial support is at the 987.25-986.50 area on the SP
futures and 1350.50-1349.50 area on the Nasdaq futures. If
those are broken, then a decent drop should be underway. The
974.00-972.50 area on the SP futures and 1336.00-1334.75
area on the Nasdaq futures would need to hold to keep the
trends in decent shape. If those are broken, then the
967.00-965.50 area on the SP futures and 1327.00-1325.50
area on the Nasdaq futures will likely be seen. If the
market gets there and doesn't reverse then the 961.50-960.50
area on the SP futures and 1319.75-1318.50 area on the
Nasdaq futures is a pivotal area for the market. If those
are not held, then the next support is at the 955.00 and
1309.50 levels. If the market doesn't hold there then we
have a bad day underway again and could fall towards the
944-943.00 area on the SP futures.



December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

992.50-993.00
997.75-998.25
1002.50-1003.00
1010.00-1011.00

December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

987.25-986.50
974.00-972.50
967.00-965.50
961.50-960.50
955.00
944-943.00

December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1362.50-1363.25
1370.50-1372.00
1379.50-1380.50
1395.25-1396.75

December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1350.50-1349.50
1336.00-1334.75
1327.00-1325.50
1319.75-1318.50
1309.50

December 2008 Dow futures resistance
symbols: emini = ymz8

9324-9329
9372-9379
9418-9423
9512-9521

December 2008 Dow futures support
symbols: emini = ymz8

9285-9280
9109-9098
9047-9038
9003-8996
8867


---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

Video - How to Trade a Stall at Resistance

Hi Folks,

Many have asked me "what's a stall look like" and I caught
one a week ago for demonstration.
We were shorting a stall at resistance on this day, and the
audio/video will let you "into my mind" as I walk through
the trade from the time it developed until it was closed
out.
It wasn't a homerun trade by any means. In fact, this trade
turned into a scalp...and I also got out for a quick second
look, but then got right back in on time. It's 12 minutes
long, but worth the time especially if you have wondered
what a stall looks like.

Take a look at what a "stall at resistance" looks like
and how I traded it here:
**Please allow the page a few seconds to load**

http://tradestalker.com/stall%20at%20resistance/

Good Trading,
Mike Reed
www.tradestalker.com

PS: This week we have something REALLY big for you. Keep
your eyes peeled for email telling more about what is in the
works to help YOU in this wild market.

TradeStalker's RBI Update 10/06/08

.................................................

TradeStalker's

R.B.I. Trader's Update

10 / 06 / 2008

(Published Since 1996)

...............................................


Dateline: 6:41 pm eastern time, 10/6/2008


The market gapped down on Monday and with no reversal in the
first 15 minutes the market kept falling until reaching
1031.00 on the SP futures. A decent bounce followed, as the
SP futures made it back to 1061.00 before stalling out and
turning back down. A drift lower picked up some steam and
sold off sharply to 1009.00 on the SP futures. With just
under 90 minutes left in stock trading, the market turned
back up and were able to push through the 1045-1046 area.
The market kept running to the upside until reaching 1069.25
at the 4 pm close for stocks. After stocks closed the SP
futures pulled back 17.75 points and settled at a discount
to the cash index.

The market is emotion driven and showed today that a grossly
oversold market can reverse and rally sharply. The SP
futures rallied 60 points in just over an hour on Monday
afternoon. The bigger picture trend are still pointing down,
and we have see a lot of failed rallies lately. So, if the
market gets hit again and goes down to test or possibly
break the Monday lows, beware of another reversal. This is
especially the case if the SP500 cash falls to the 972-970
area and then turns up.

We get the Fed Minutes at 2 pm on Tuesday. If the market
opens higher, look to get short as soon as the upside
fizzles and begins to roll over. If that plays out, the
first decent pullback should set up a buying opportunity. If
the market is strong enough to hold the 1040.00-1039.50 area
on the SP futures on a pullback, then the market will be ok.
However, if that area isn't defended, then a move towards
the Monday lows, or lower, could be in the cards.

The initial resistance is at the 1069.50-1070.50 area on the
SP futures and 1427.75-1429.50 area on the Nasdaq futures.
The market is still vulnerable unless those are broken, and
not quickly reversed. If those areas are not a problem, then
the next hurdles would be at the 1082.00-1082.50 area on the
SP futures and 1448.50-1449.25 area on the Nasdaq futures.
If those areas are reached, and the market doesn't pull
back, then the 1088.00-1088.50 area on the SP futures and
1460.50-1462.00 area on the Nasdaq futures would be next. If
the market gets going on the upside, then look for strong
resistance at the 1102.00-1102.50 area on the SP futures and
1473.50-1474.75 area on the Nasdaq futures.

The initial support is at the 1047.50 level on the SP
futures and 1402.00 level on the Nasdaq futures. If those
levels are not quickly reversed, then the first key support
is at the 1040.00-1039.50 area on the SP futures and
1391.50-1390.50 area on the Nasdaq futures. If the market
can not bounce from those areas, then we could head towards
the 1025.00-1023.50 area on the SP futures and 1360.00-
1359.00 area on the Nasdaq futures. If those areas arte not
held then a test of the 1010.00-1009.00 area on the SP
futures and 1345.00-1343.75 area on the Nasdaq futures is
likely in the cards. If there isn't a reversal from a test
of Monday's lows, then it opens the door for a washout to
the 1002.50-1002.00 area on the SP futures and 1335.00-
1334.00 area on the Nasdaq futures. If those are broken, and
the market doesn't quickly reverse, then we could see the
972-970 area on the SP500 cash. If there is a reversal at
that area, it could start a sharp rally.



December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

1069.50-1070.50
1082.00-1082.50
1088.00-1088.50
1102.00-1102.50

December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

1047.50
1040.00-1039.50
1025.00-1023.50
1010.00-1009.00
1002.50-1002.00
972-970 if a crash-ette

December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1427.75-1429.50
1448.50-1449.25
1460.50-1462.00
1473.50-1474.75

December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1402.00
1391.50-1390.50
1360.00-1359.00
1345.00-1343.75
1335.00-1334.00

December 2008 Dow futures resistance
symbols: emini = ymz8

10073-10079
10172-10176
10231-10235
10231-10235

December 2008 Dow futures support
symbols: emini = ymz8

9933
9688-9682
9547-9542
9497-9492


---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

TradeStalker's RBI Update 10/02/08

.................................................

TradeStalker's

R.B.I. Trader's Update

10 / 2 / 2008

(Published Since 1996)

...............................................


Dateline: 6:48 pm eastern time, 10/2/2008

NOTE: There will be no Intraday Updates after 2pm
eastern time on Friday. I'll be at my son's football game.

The market opened lower on Thursday and the 1153-1152 zone
was sliced through and it turned the trends down. Without a
hint of turning, the downside continued until reaching
1125.50 on the SP futures. The market turned around and the
SP futures went on a run up to 1139.75, but the move fizzled
and the downside continued. It was a choppy trend down move
to the support at the 1119-1118 area on the SP futures and
the 1502-1500 area on the Nasdaq futures. A bounce off of
the 1119.50 level on the SP futures and the 1499.50 level on
the Nasdaq futures around 2:40 pm eastern time failed and
the futures went to lower lows before bouncing back into
settlement.

On Thursday the NYSE Composite made a new low close for the
year, as did the Value Line and Nasdaq 100 indices. The Dow
and SP500 did not make a new low for the year. The VIX
jumped again to close over 45, a rare site that is only
exceeded by the readings in 1987. The market just ground
lower on Thursday and a faster drop that reversed on good
volume would have been better to form a bottom.

This last leg down began with an August high and it should
lead to an October low. The SP500 cash lost 30% which is
close to the norm. There could be more downside coming,
possibly to the 1077 area on the SP500, but the market
shouldn't be too far away from a good rally, and possibly a
good bottom. Another big plunge that can reverse from near
that 1077 area might be what's needed to finish this
downside.

We get the Employment report before the open on Friday.
Unless the market can break and hold over the initial
resistance, the bears are in the driver's seat and the short
side should offer the better trades. However, if there is a
break and hold over the initial resistance, the market could
get a decent rally going.

The initial resistance is at the 1229.00-1129.50 area on the
SP futures and the 1515.00-1515.75 area on the Nasdaq
futures. If the market cannot get through those areas, the
pressure is still on the market. If those are cleared and
not quickly reversed, then the next big resistance is at the
1139.75-1140.75 area on the SP futures and the 1529.25-
1531.00 area on the Nasdaq futures. If the market is strong
enough to get through those areas, then the key resistance
on Friday is at the 1151.50-1152.50 area on the SP futures
and the 1551.00-1552.25 area on the Nasdaq futures. If there
is a big rally, then we could see the 1161.50-1162.00 area
on the SP futures and the 1563.50-1564.50 area on the Nasdaq
futures.

The initial support is at the 1115.50-1114.50 area on the SP
futures and the 1495.50-1494.00 area on the Nasdaq futures.
If the market cannot hold those areas, then a test of the
1108.00 level on the SP futures and the 1485.00 level on the
Nasdaq futures is likely in the cards. If the market can
reverse from around those areas, we could see a decent snap-
back rally occur. If they cannot hold around those levels,
then a drop to the 1102.50-1100.50 area on the SP futures
and the 1478.00-1476.50 area on the Nasdaq futures would
need to hold to avoid a trip towards the 1077-1074 area on
the SP500 cash. If the market gets down there, it will be
time to look for buying opportunities at what could turn out
to be bargain prices for a good year end rally.

NOTE: There will be no Intraday Updates after 2pm
eastern time on Friday. I'll be at my son's football game.

December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

1229.00-1129.50
1139.75-1140.75
1151.50-1152.50
1161.50-1162.00


December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

1115.50-1114.50
1108.00
1102.50-1100.50
1077-1074 {SP500 cash}


December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1515.00-1515.75
1529.25-1531.00
1551.00-1552.25
1563.50-1564.50


December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1495.50-1494.00
1485.00
1478.00-1476.50


December 2008 Dow futures resistance
symbols: emini = ymz8

10585-10589
10668-10678
10738-10744
10807-10814


December 2008 Dow futures support
symbols: emini = ymz8

10468-10460
10408
10342-10334


---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************

TradeStalker's RBI Update 09/23/08

.................................................

TradeStalker's

R.B.I. Trader's Update

9 / 23 / 2008

(Published Since 1996)

...............................................


Dateline: 6:27 pm eastern time, 9/23/2008

We wanted to short early strength on Tuesday and the SP
futures made a double top at 1222.50 and turned down. The
1206-1205 support held on the pullback, and the market
bounced back a bit but selling came in and the market broke
the Monday lows. The SP futures dropped to the 1187-1186
area where we were looking for a reversal. That occurred and
the SP futures rallied back to the updated 1214 resistance
area. The move formed a rising wedge pattern, and after
reversing from 1214.50 the wedge broke around 2:20pm and the
market broke down sold off to the lows in the last few
minutes of trading.

This is a once in a generation type of market environment,
and the best way to survive and hopefully thrive is to not
worry about a missed move, number one. There will be another
trade setting up soon thereafter. Number two, enter at the
extremes as soon as the momentum stalls out. Third, do not
overstay your welcome on either side. Last, it's a good idea
with this volatility to cut back your position size and
allow a bit wider stop/loss. So, with that, back to the
action.

Last night I warned of a lot of volatility ahead, and felt
that we would get some big swings in both directions this
week. The Tuesday action didn't disappoint as the market
made good moves both ways. The market ended the day badly,
but after hours the market up quite a bit. On Wednesday look
for a shorting opportunity if this move holds just as soon
as the upside stalls out and/or reverses. If instead there
is early weakness, look for a reversal in the first 20
minutes or so to set up a trade on the long side.
Thereafter, unless there is a move over the 1214.00-1214.50
area on the SP futures and the 1692.00-1692.75 zone on the
Nasdaq futures that sticks, the downtrends will be intact
and the rallies will set up good shorting opportunities as
soon as the upside fizzles out.

There should be some resistance at the 1209.50-1210.00 area
on the SP futures and 1672.50-1674.00 area on the Nasdaq
futures. If those are cleared, then the first big hurdles
are at the 1214.00-1214.50 area on the SP futures and
1692.00-1692.75 area on the Nasdaq futures. If the market
gets back up there and doesn't reverse, then the next good
resistance would be at the 1222.00-1222.50 area on the SP
futures and 1700.50-1701.75 area on the Nasdaq futures. If
the market gets back up there, and it doesn't turn back
down, then the market might be changing from bearish to
bullish. The next good resistance would be at the 1232.50-
1233.00 area on the SP futures and 1712.50-1713.50 area on
the Nasdaq futures.

The initial support is at the Tuesday lows, at the 1186.00-
1185.50 area on the SP futures and 1648.00-1647.00 area on
the Nasdaq futures. If those are broken, and the market
doesn't quickly reverse back to the upside, then the door is
opened for a drop towards the 1178.50-1178.00 area on the SP
futures and 1638.50-1636.50 area on the Nasdaq futures. If
the market gets hit that hard early, be alert for a
reversal. If the market gets down there and can not turn up
and rally with gusto, then the market could be weak enough
to fall towards the 1166.00-1165.00 area on the SP futures
and 1622.50-1620.75 area on the Nasdaq futures. If those do
not hold, then the 1162.00-1161.00 area on the SP futures
and 1614.00-1612.50 area on the Nasdaq futures will need to
stop the bleeding, otherwise the door will open for a drop
towards the 1149.00-1148.00 and/or 1600.50-1599.00 zones
before a rebound occurs. If those do not hold then the odds
of testing the 1136 low on the SP futures will be good
before a reversal occurs.


December 2008 SP futures resistance
symbols: emini = esz8 / big contract =spz8

1209.50-1210.00
1214.00-1214.50
1222.00-1222.50
1232.50-1233.00
1241.25-1242.25 -- key if a melt-up move


December 2008 SP futures support
symbols: emini = esz8 / big contract =spz8

1186.00-1185.50
1178.50-1178.00
1166.00-1165.00
1162.00-1161.00
1149.00-1148.00
1136.00

December 2008 Nasdaq futures resistance
symbols: emini = nqz8 / big contract = ndz8

1672.50-1674.00
1692.00-1692.75
1700.50-1701.75
1712.50-1713.50
1727.50-1728.50 - key if melt-up


December 2008 Nasdaq futures support
symbols: emini = nqz8 / big contract = ndz8

1648.00-1647.00
1638.50-1636.50
1622.50-1620.75
1614.00-1612.50
1600.50-1599.00

December 2008 Dow futures resistance
symbols: emini = ymz8

11122-11127
11058-11062
11140-11145
11233-11238

December 2008 Dow futures support
symbols: emini = ymz8

10838-10831
10771-10766
11645-11638
10607-10603

---------------------------

REMINDER:

Real Time subscribers can view these updates on
the web at this site:

http://www.tradestalker.com/members


---------------------------


Good Trading,
Mike Reed

Copyright (c) 2008 by TradeStalker.com, Ft Wayne, IN.
TradeStalker Updates may not be redistributed without
permission.

www.TradeStalker.com

PO Box 9783, Ft Wayne, IN, 46899

Disclaimer

The financial markets are risky. Investing is risky.
Past performance does not guarantee future performance.
The foregoing has been prepared solely for informational
purposes and is not a solicitation, or an offer to buy
or sell any security. Opinions are based on historical
research and data believed reliable, but there is no
guarantee that future results will be profitable.

We are not advocating trading futures. The prices and
contracts in the TradeStalker Updates specify a manner
in which you could trade. We occasionally mention the
SP500 and Nasdaq futures markets because it is
extremely liquid and tends to lead the other markets.
This is not an endorsement or recommendation of the SP500
and Nasdaq futures markets. The risk of loss in futures
is substantial. You can lose more than your original
investment. We are not Registered Investment Advisors or
Commodity Trading Advisors.
*************************************************